Uniti buys TPx fibre ops for USD 95 mln in cash

Monday 5 March 2018 | 09:41 CET | News
Uniti Group, formerly Communications Sales & Leasing (CS&L) said it has agreed to buy the fibre operation of US TelePacific (TPx) for USD 95 million in cash. Under the agreement, Uniti will acquire and the lease back to TPx, on a triple-net basis, 38,000 fibre strand miles located across California, Nevada, Texas, and Massachusetts. Uniti will also acquire and have exclusive use of 7,000 fibre strand miles located in Texas, adjacent to Uniti Fiber's southern network footprint. Finally, Uniti will have non-exclusive rights to market, on behalf of TPx, certain of the fibre assets in California

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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 / Internet
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.