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Broadband

Everstream borrows USD 342.5 mln to expand fibre in five new markets

Monday 6 April 2020 | 16:39 CET | News
US fibre network for businesses Everstream said it has secured USD 342.5 million in debt financing from nine banks, with Webster Bank as lead arranger. Everstream will use the money to expand into five new markets and densify its existing markets in the Midwest. Everstream added it is on track to reach over 15,000 miles of fibre, with more than 3,000 on-net locations, in 12 markets throughout the Midwest by year-end.

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Categories: Fixed
Companies: Everstream
Countries: United States
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