Eurofiber to acquire French fiber network company Lumos
Fiber network services provider Eurofiber says it has agreed to acquire French counterpart Lumos for an undisclosed sum. Consummation of the deal, expected to take place early next year after the receipt of the usual regulatory approvals, will build on Eurofiber’s footprint in France, including that gained when the company acquired Eurafibre, ATE, and Eura DC in November 2019 (see "Eurofiber expands into France via acquisition"). The company says it expects to build on this footprint to reach at least 25 cities in France by 2025.
Nantes-based Lumos operates a 70-km fiber-optic network in the area around its home city, with points of presence in Paris as well as Nantes. Eurofiber says it plans to expand Lumos’s fiber footprint as well as extend its market approach to the broader FTTx segment in line with Eurofiber’s open access model.
“We are delighted to join forces with Lumos, which made a flying start and already has a reputation of excellence,” commented Eurofiber CEO Alex Goldblum. “This company joining Eurofiber marks a next step in the realization of our French expansion strategy. Since November 2019, we’ve already had a strong presence in Lille, and with this acquisition we expand to the metropolitan area of Nantes. It is our aim to further extend our network to other areas in France and by 2025, we expect Eurofiber to have operations in at least 25 French cities.”
Existing Lumos employees, including CEO Vincent Morio and CTO Ghislain Phu, are expected to remain with the company. “To us, joining forces with Eurofiber means boosting our growth to become a leading connectivity provider in the Nantes area with a high-quality fiber-optic network and excellent connections within Western Europe. My team and I are very happy to continue our journey as part of Eurofiber Group,” said Morio.
Eurofiber operates a 37,200-km fiber-optic network in the Netherlands, Belgium, and France with connectivity into Germany.
For related articles, visit the Network Design Topic Center.
For more information on high-speed transmission systems and suppliers, visit the Lightwave Buyer’s Guide.
To stay abreast of fiber network deployments, subscribe to Lightwave’s Service Providers and Datacom/Data Center newsletters.
Stephen Hardy | Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.
You can connect with Stephen on LinkedIn as well as Twitter.