Hargray announces acquisition of Dark Fiber Systems

Jan. 31, 2019
Hargray announced an agreement to acquire Dark Fiber Systems, a dark fiber provider based in Jacksonville, FL. The announcement comes on the heels of Hargray’s announced acquisition of USA Communications’ Alabama assets and several other colocation facilities. Financial terms were not disclosed. The transaction is expected to close by second quarter 2019.

Hargray announced an agreement to acquire Dark Fiber Systems, a dark fiber provider based in Jacksonville, FL (see "Dedicated Fiber Systems becomes Dark Fiber Systems"). The announcement comes on the heels of Hargray’s announced acquisition of USA Communications’ Alabama assets and several other colocation facilities (see “Hargray to buy USA Communications' Alabama footprint” and “Hargray acquires new colocation facilities to offer advanced security and storage”). Financial terms were not disclosed. The transaction is expected to close by second quarter 2019.

Hargray operates through two primary divisions. Hargray Communications, based in Bluffton, SC, operates the company’s incumbent networks. Hargray Fiber, based in Savannah, GA, operates a more than 2,000-route-mile fiber-optic network in cities throughout the Southeastern United States.

“We are dedicated to local service, community engagement, and have witnessed firsthand the demand for reliable communications solutions and responsive customer service,” says Chris McCorkendale, senior vice president at Hargray. “Specifically in Jacksonville, not only will we expand the footprint of DFS’ 150 route-mile network, but also we will provide multi-gig lit data services, including dedicated Internet; customized multi-location Ethernet solutions; colocation and managed services; and enhanced voice and video solutions.”

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