Cox Communications has completed the acquisition of commercial fiber provider Unite Private Networks (UPN).
The amount of the deal was not disclosed. Cox became the majority owner of UPN in 2016 in partnership with Ridgemont Equity Partners and the UPN management team.
Unite Private Networks (UPN) provides fiber-optic communications infrastructure services to schools, governments, carriers, data centers, hospitals, and enterprise business customers. Service offerings include dark and lit fiber, private line, optical Ethernet, Internet access, FiberVoice, DDoS Protection, Cloud Connect, SD-WAN, and other customized solutions. UPN currently serves over 300 communities across 21 states, with 12,000 fiber route miles and 9,500 end customer sites. UPN is also one of the largest providers of fiber WAN services to K-12 school districts in the U.S., serving more than 250 school districts, connecting nearly 2 million students. Headquartered in Kansas City, MO, UPN has been providing customer-focused communications solutions since 1998.
UPN and Cox-owned Segra will form a new standalone fiber company to accelerate growth in the company’s commercial fiber solutions. Kevin T. Hart leads the newly combined company as chief executive officer, and Jason Adkins serves as president, reporting to Hart.
Cox acquired Segra in 2021, and has invested in additional business services companies including cloud and managed IT services providers RapidScale and Logicworks.
FinSMEs
07/07/2023