US fibre operators Oxford Networks and BayRing Communications have agreed to merge, creating the “largest competitive telecoms provider” in Northern New England.
The combined company’s fibre network will span some 2,000 route miles, providing…
US fibre operators Oxford Networks and BayRing Communications have agreed to merge, creating the “largest competitive telecoms provider” in Northern New England.
The combined company’s fibre network will span some 2,000 route miles, providing access to nearly 50,000 commercial buildings, four service organisation control data centres, and direct access major hub data centres in Maine, New Hampshire and Massachusetts, Oxford said in a statement. It will provide data centre, managed IT, voice, internet and carrier services.
The financial details of the deal, which is subject to regulatory approvals, were not disclosed.
Oxford Networks president and CEO Craig Gunderson said the merger would enable both companies to expand services to their existing customers, while growing in New England and beyond.
“This strategic partnership will allow the companies to leverage a significantly larger fibre network and data centre infrastructure,” he said.
Oxford has an established footprint in Maine, while BayRing has a strong presence in Southern Maine, New Hampshire and Massachusetts.
The combined company’s competitors will include FairPoint and Comcast Business.
Lewiston, Maine-based Oxford’s backbone fibre network stretches from Bangor to Boston, with data centres in Bangor and Brunswick. Last year, the company sold itself to Canadian private equity firm Novacap for US$50m.
BayRing, based in Portsmouth, New Hampshire, has a network spanning from Portland to Boston, with two data centres in Portsmouth.
Media Venture Partners acted as financial adviser to BayRing.
