Brooks Fiber Properties Inc., Town and Country, MO, has signed a definitive agreement with Century

Brooks Fiber Properties Inc., Town and Country, MO, has signed a definitive agreement with Century Telephone Enterprises Inc., in Monroe, LA, to merge Century`s Metro Access Networks Inc. and Brooks Fiber. Metro Access Networks, based in Irving, TX, is a competitive local exchange carrier that operates in seven Texas cities. The deal involves approximately five million shares of Brooks Fiber common stock, giving Century a 12% stake in Brooks Fiber. In addition, the two companies announced that they will form a joint venture to develop local exchange networks in Michigan.

Sign up for our eNewsletters
Get the latest news and updates
The demands reshaping digital infrastructure are pushing optical communications into a new era of innovation. AI infrastructure is forcing engineers to rethink how data moves ...
A new wave of investment is creating thousands of new job opportunities throughout the southern United States as we migrate from an information-based economy to an AI-powered ...