Altafiber to Buy Assets of Bridgewired

Altafiber, formerly Cincinnati Bell, has agreed to acquire the broadband infrastructure assets of Bridgewired, a Ohio-based company that operates a fiber optic network delivering gigabit Internet speeds to locations in portions of Warren County, Greene County, and Clinton County. The Bridgewired deal calls for Altafiber to acquire Bridgewired’s existing customer base, while Bridgewired will provide certain management services to Altafiber under a transition services agreement to be entered into at closing. Altafiber has invested more than $1.5 billion into its fiber network, which now reaches about four-fifths of greater Cincinnati addresses. Another recent Altafiber acquisition was Agile Network Builders, another Ohio-based company that leases wireless infrastructure assets to third parties and provides connectivity through hybrid fiber wireless data networks in Ohio, West Virginia, Indiana, Kentucky, and Pennsylvania.