Lightpath Closes Acquisition of United Fiber & Data Assets
Portfolio Pulse from
Lightpath has completed the acquisition of United Fiber and Data's assets and announced the introduction of LightCube Edge Data Centers, with plans to construct four units along the NYC-Ashburn route to meet demand from edge computing and AI projects.

February 04, 2025 | 2:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Lightpath, a subsidiary of Altice USA (ATUS), has acquired United Fiber and Data's assets and plans to build LightCube Edge Data Centers to support edge computing and AI projects.
The acquisition of United Fiber and Data's assets by Lightpath, a subsidiary of Altice USA, is likely to enhance its infrastructure capabilities. The introduction of LightCube Edge Data Centers along a strategic route indicates a focus on expanding services for edge computing and AI, which are growing sectors. This strategic move is expected to positively impact Altice USA's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80