LOGIX Fiber Networks (“LOGIX”) is increasing its network reach through a $10 million purchase and exchange of fiber assets with FiberLight, LLC (“FiberLight”), an industry leader in providing high-performance metro and long haul fiber transport services.
Through the purchase, LOGIX will gain nearly 400 route miles and over 5,000 miles of fiber in its markets of Dallas, Austin, and San Antonio. The purchased fiber assets boost LOGIX’s scale in these markets and will greatly expand the company’s reach to hundreds of new commercial buildings and thousands of potential customers. Additionally, the two companies will exchange approximately 1,500 fiber miles within their respective Texas footprints, allowing them to better address specific growth opportunities and accelerate their respective expansion activities within the state.
“LOGIX is committed to providing premier fiber services in our high-growth Texas markets,” says Dave Dane, chief executive officer, LOGIX. “The transaction follows our recent acquisition of Alpheus Communications and further bolsters our scale of fiber assets. This expanded reach will greatly enhance our fiber initiatives and allow LOGIX to further capitalize on the enormous growth opportunities in our core markets.”
With the completion of this transaction, LOGIX gains additional network scale in Dallas, Austin, San Antonio, and Houston (the “DASH” markets). LOGIX now has over 6,200 route miles of network spanning 185,000 fiber miles; the company serves over 12,500 enterprise and carrier customers across the largest and fastest growing markets in Texas. In addition to connecting to 75 data centers in Texas, LOGIX operates its own high-performance data center facilities in the DASH markets.
Richard Rosmarin, chief strategy and marketing officer, LOGIX, adds, “This fiber purchase increases our scale to reach new customers and accelerates our conversion of customers from Tier II circuits to our own fiber assets.”
Ron Kormos, chief strategy officer, FiberLight, states, “We are excited for the opportunity to provide a robust dark fiber network solution for LOGIX which enables it to expand its offerings for businesses in Texas. Our new relationship with LOGIX will also enable us to continue investing in the region, which is seeing unprecedented demand for international data transport.”