Lumos drops $100 Milliion to expand its fiber network into South Carolina

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Lumos is looking to enter its third state as the operator works toward a goal of reaching 1 million fiber passings by 2026. Specifically, it’s planning to spend $100 million to build out 1,200 miles of infrastructure in South Carolina, focusing on the Columbia metro region. The company’s fiber is already available to around 200,000 locations across North Carolina and Virginia. CEO Brian Stading plans to finish overbuilding its legacy ILEC footprint with fiber by early 2023 and thereafter expand into new communities both within the two states and elsewhere in the Mid-Atlantic region. The operator will make service available in phases throughout construction and plans to offer symmetrical 5 Gbps service in underserved parts of Richland and Lexington Counties, including Arcadia Lakes, Cayce, Columbia, Forest Acres, Irmo, Lexington, Springdale, and West Columbia.

 


Lumos drops $100M to expand its fiber network into South Carolina