Business acquisition

April 1, 1995

Business acquisition

Intermedia Communications of Florida Inc., Tampa, has acquired Fibernet USA and Fibernet Cincinnati, a fiber-based competitive access provider. With the completion of the transaction, which was valued at $14.5 million, Intermedia acquired fiber-optic networks in Cincinnati and in Raleigh/Durham/Research Triangle Park, NC. Also included in the package are networks under development in St. Louis, MO, and Huntsville, AL.

Sign up for Lightwave Newsletters
Get the latest news and updates.