Netly receives USD 40 mln investment to bring fibre to California

Wednesday 11 December 2019 | 11:27 CET | News
Ubiquity Partners said it has invested USD 40 million into Netly, to develop open access fibre networks in California, including San Diego's North County. Netly will begin development in Solana Beach immediately and later expand to surrounding communities. The initial system will pass about 7,000 residential and business premises, with construction set to begin early next year. Ubiquity said its' partnership with Netly could grow to USD 250 million in overall capital commitments.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Countries: United States
::: add a comment
This article is part of dossier


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.