A growing number of fiber network providers are now making strategic investments to better serve existing customers and reach new markets. LOGIX Fiber Networks (“LOGIX”), for instance, recently announced plans to increase its network reach with a $10 million purchase and exchange of fiber assets with FIberLight, LLC (“FiberLight”). With the purchase, LOGIX has gained about 400 route miles and more than 5,000 miles of fiber across Austin, Dallas and San Antonio. The new assets will boost LOGIX’s scale throughout these markets, and will help the company to better reach new commercial buildings as well as thousands of potential customers.

The two companies plan to exchange about 1,500 fiber miles within their Texas footprints, allowing them to more easily accelerate their expansion activities within the state and address specific growth opportunities.

“LOGIX is committed to providing premier fiber services in our high-growth Texas markets,” said Dave Dane, Chief Executive Officer of LOGIX.  “The transaction follows our recent acquisition of Alpheus Communications and further bolsters our scale of fiber assets.  This expanded reach will greatly enhance our fiber initiatives and allow LOGIX to further capitalize on the enormous growth opportunities in our core markets.”

Through this transaction, LOGIX gains additional network scale in the “DASH” markets of Dallas, Austin, San Antonio and Houston.  LOGIX now has more than 6,200 route miles of network spanning 185,000 fiber miles and serves more than 12,500 carrier and enterprise customers in the largest and fastest growing markets in Texas.  Besides its ability to connect to more than 75 data centers in Texas alone, LOGIX also operates its own data center facilities in the DASH markets.

Richard Rosmarin, Chief Strategy Officer at LOGIX, also commented on the announcement.

“This fiber purchase increases our scale to reach new customers and accelerates our conversion of customers from Tier II circuits to our own fiber assets,” Rosmarin stated.

“We are excited for the opportunity to provide a robust dark fiber network solution for LOGIX which enables it to expand its offerings for businesses in Texas,” added Ron Kormos, Chief Strategy Officer at FIberLight. “Our new relationship with LOGIX will also enable us to continue investing in the region, which is seeing unprecedented demand for international data transport.”

To learn more about LOGIX, click here.

To learn more about FiberLight, click here.