Wednesday, 18 October 2017

Verizon splashes $225m on Chicago fibre network

By Nick Wood, Total Telecom
Wednesday 02 August 17

Deal will reduce U.S. telco's backhaul leasing costs, support its future 5G network.

Verizon late on Tuesday agreed to acquire cableco WideOpenWest's (WOW's) fibre network in Chicago for $225 million (€189.91 million). Verizon already uses the network to backhaul its macro sites and small cells; taking direct ownership of the infrastructure cuts down on leasing costs…

Verizon late on Tuesday agreed to acquire cableco WideOpenWest's (WOW's) fibre network in Chicago for $225 million (€189.91 million). Verizon already uses the network to backhaul its macro sites and small cells; taking direct ownership of the infrastructure cuts down on leasing costs…

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