Tech Valley completes acquisition of Teljet Longhaul assets

July 2, 2013
Tech Valley Communications (TVC), a service provider in Upstate New York and Northern New England, says it has completed the purchase of substantially all of the assets of Vermont-based TelJet Longhaul, LLC, including TelJet’s Vermont and New Hampshire fiber-optic networks and its recently built colocation facility.

Tech Valley Communications (TVC), a service provider in Upstate New York and Northern New England, says it has completed the purchase of substantially all of the assets of Vermont-based TelJet Longhaul, LLC, including TelJet’s Vermont and New Hampshire fiber-optic networks and its recently built colocation facility.

As a result of this transaction, Tech Valley Communications asserts it now operates one of the largest and most dense fiber-based networks in Upstate New York, Northern New England, and into Canada, totaling more than 190,000 fiber miles and nearly 1,300 lit buildings.

“This is an important day for Tech Valley Communications, our employees, customers, and stakeholders,” commented Kevin O'Connor, CEO and co-founder of Tech Valley Communications. “This transaction allows us to extend our high-capacity, low-latency fiber network throughout the State of Vermont which will benefit businesses, healthcare organizations, educational institutions, and government entities throughout all of the regions we serve.”

“I am pleased that the TelJet team is now part of TVC. TelJet has experienced tremendous success over the past few years, and this transaction provides access to the resources necessary to support our continued growth, which includes a planned multi-million dollar investment in our Vermont fiber network later this year,” said TelJet’s President, Greg Kelly. “It will also allow us to aggressively pursue fiber-to-the-tower opportunities and to expand our state-of-the-art colocation facility in Vermont, which is one of the only carrier-grade colocation facilities serving customers in Northern New England.”

TelJet’s senior leadership and employees will continue to function in similar roles after the transaction as they continue to serve TVC’s Vermont customers.

"This acquisition is another step towards expanding TVC’s strong regional service offerings," said Steven F. Kaplan, general partner at Riverside Partners, which made an initial investment in Tech Valley Communications more than two years ago and continues to support its expansion.

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