UPN also notes that it is one of the largest providers of fiber WAN services to K-12 school districts, of which it serves more than 250. Segra has about 900 employees in 90 facilities and has a fiber footprint across the Mid-Atlantic and Southeastern U.S., offering dark and lit fiber transport services, optical Ethernet, Internet access and SD-WAN to government agencies, carriers, data centers and enterprise business customers, as well as cloud and security solutions. UPN, which is headquartered in Kansas City, Missouri and focuses on serving Midwest markets, has network operations in 21 states with 12,000 fiber route miles and 9,500 end customers sites. “We will bring UPN and Segra together to create a new, stand-alone company that continues to offer our customers a broad portfolio of commercial business services,” said Cox Communications President Mark Greatrex.
The transaction is expected to close by June 30. The transaction is expected to close by June 30. Atlanta, GA (May 15, 2023) Cox Communications has entered into a definitive agreement to acquire the remaining interest in Unite Private Networks (UPN).
UNITE PRIVATE NETWORKS AND COX FULL
The transaction is subject to customary regulatory approvals and closing conditions.įor related articles, visit the Network Design Topic Center.įor more information on high-speed transmission systems and suppliers, visit the Lightwave Buyer's Guide.Cox Communications is taking full ownership of Unite Private Networks, of which it is the majority owner, and plans to create a standalone company that combines fiber provider UPN and infrastructure and business services company Segra. For example, deep neural networks have been recently used to learn the relationship between a patient’s covariates and the survival distribution predictions. Cox Communications plans to fully acquire Unite Private Networks and combine the company with Charlotte telecom firm Segra. We are better positioned than ever to meet the growing demand among our customers for high-bandwidth fiber infrastructure solutions," said Kevin Anderson, CEO of UPN. "Our relationship with Cox and Ridgemont will provide UPN with access to capital and an ability to leverage strategic insights and capabilities in order to accelerate our growth over the long-term. "UPN is led by a proven management team and is well-positioned to capitalize on the explosive demand for bandwidth driving growth within fiber infrastructure." "We believe that fiber infrastructure represents an attractive area for long-term investment, particularly in underserved markets," said Pat Esser, president, Cox Communications. The company says that it will work with UPN "in a coordinated manner to pursue strategic growth opportunities."
cable MSOs to develop a business services operation, Cox Business. The company's primary customer base includes schools, government, carriers, data centers, hospitals, and enterprises (see, for example, "ICS taps Unite Private Networks for dark fiber, Ethernet internet in Iowa").Ĭox was among the first U.S. Unite Private Networks (UPN) provides high-bandwidth, fiber-based communications networks and services. The network connects to 3,750 buildings, to which UPN markets dark fiber, Ethernet internet access, and related services (see, for example, "Unite Private Networks expands Dallas fiber-optic network footprint"). Unite Private Networks 6657 followers on LinkedIn. UPN operates a 6,200 route-mile fiber-optic network across 20 states, primarily in the central part of the United States. The amount of funding in the round was not disclosed. UPN will operate as a stand-alone business within the Cox group of companies as a result under its current management team. Existing investor Ridgemont Equity Partners and the company's management team also will kick in some funds. Cox Communications has agreed to make a strategic investment in fiber-optic network services provider Unite Private Networks (UPN).
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