Private equity firms are widely expected to snap up more connectivity infrastructure assets in 2019, particularly those divested from telcos as non-core businesses as part of their refinancing strategies.

Some of the players on the 2019 watchlist include...

US-based FirstLight Fiber has acquired data, internet and voice operator Finger Lakes Technologies Group from Trumansburg Telephone Company for an undisclosed sum to boost its fibre footprint in the country’s northeast. The transaction will grant FirstLight 2,500 miles of fibre optic network in the states of New York and Pennsylvania. Once the deal closes, the fibre operator’s network will span 12,000 route miles across six US states and parts of Canada.