CenturyTel Acquires Midwestern Fiber Optic Business
MONROE, La., June 11 -- CenturyTel Inc. has completed its previously announced $38 million purchase of the operating assets of Digital Teleport Inc. (DTI), a fiber optic transport business based in St. Louis. CenturyTel will operate the business under the name LightCore, a CenturyTel company.
The LightCore acquisition should provide operational synergies and a new source of revenue for CenturyTel over the next three years, CenturyTel said. It said it does not expect to make substantial changes to LightCore's operations.
LightCore's fiber optic network spans 5,700 total route miles; 3,200 of those are in portions of Missouri, Arkansas, Illinois, Iowa, Kansas, Texas, Nebraska, Oklahoma and Tennessee.
For more information, visit: www.centurytel.com
LATEST NEWS
- CLEO Heads to the East Coast
Apr 29, 2024
- Laser-Based Gas Analyzer Developed to Detect Air Pollution
Apr 29, 2024
- Qubits Could be Stored in Flash-Like Memory
Apr 29, 2024
- Exail Signs LLNL Contract, Partners with Eelume
Apr 26, 2024
- Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
Apr 26, 2024
- Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
Apr 25, 2024
- DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
Apr 25, 2024
- Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
Apr 24, 2024