Industry News – 10-7-22

Big news on the national RLEC front with the mid-week announcement that Brightspeed has closed its $7.5 billion deal to acquire Lumen’s assets in Pennsylvania and 19 other states. In PA the future is certainly bright for the new company which expects to finish phase one of its fiber build to 40,000 locations in Cumberland, Lancaster, and York Counties by the end of 2023. Longer term, Brightspeed plans to reach 190,000 locations with fiber in the Keystone State.