Converge Digest

Brightspeed outlines initial FTTP builds

Brightspeed has outlined plans to rollout fiber-to-the-premise (FTTP) in a number of locations across its 20-state footprint. 

Brightspeed will initially be comprised of the incumbent local exchange carrier (ILEC) assets and associated operations of Lumen Technologies, which are the subject of a pending acquisition by Apollo-managed funds. The company recently announced that it had secured all necessary state-required regulatory approvals in the 20 states in its operating footprint. The parties expect to obtain final FCC approval in the third quarter, and to close the transaction in early fourth quarter.

Brightspeed said it intends to invest at least $2 billion in its fiber optics transformation, which is expected to reach up to 3 million homes and businesses over the next five years, including in many rural and suburban locations where fiber and advanced technology have not historically been deployed. The company has been ramping its network design and construction planning as it prepares for day one operations across its multistate operating territory.

Brightspeed’s FTTP architecture leverages XGS-PON, capable of symmetrical internet speeds exceeding 1Gbps, and Wi-Fi 6 for optimal performance and coverage to support the multitude of connected devices within homes and businesses.

First phase rollouts announced so far:

“We are pleased to share our initial fiber build locations for Louisiana,” said Sherry Hessenthaler, Operations Strategy Lead for Brightspeed. “Brightspeed’s mission is to expand and accelerate the availability of high-quality broadband that will enable our communities to grow and thrive. We are looking forward to offering a new choice in internet and to extending the full capabilities of our advanced fiber technology to residents and businesses in our Louisiana footprint.”

“In addition to our initial network build scope, we welcome the opportunity to work with key stakeholders at state and local levels to further expand fiber-based internet availability through participation in Louisiana’s Granting Unserved Municipalities Broadband Opportunities (GUMBO) program and other initiatives as they arise,” added Hessenthaler.

http://www.brightspeed.com

Lumen to sell ILEC operations in 20 states for $7.5 billion

Lumen Technologies (formerly CenturyLink) agreed to sell its ILEC (incumbent local exchange carrier) business, including its consumer, small business, wholesale and mostly copper-served enterprise customers and assets, in 20 states to funds managed by affiliates of Apollo Global Management for $7.5 billion, including debt assumption of approximately $1.4 billion. Lumen will retain its ILEC assets in 16 states, as well as its national fiber routes…

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CenturyLink is now Lumen

CenturyLink changed its name to Lumen Technologies.The company’s mission statement is “to help lead enterprises through the challenges and opportunities of the 4th Industrial Revolution – a time when smart, connective devices are everywhere.””Our people are dedicated to furthering human progress through technology. Lumen is all about enabling the amazing potential of our customers, by utilizing our technology platform, our people, and our relationships…

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