M&A

Lightpath Expands Phoenix Reach with WANRack Acquisition

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Lightpath, an all-fiber connectivity provider, has bolstered its presence in the Phoenix metropolitan area by acquiring WANRack’s network assets. With this acquisition, Lightpath gains 133 route miles of crucial fiber infrastructure. This move aligns with their recent entry into the Phoenix market and amplifies their service readiness and expansion capabilities. The enhanced network now stretches over 363 route miles.

The acquisition ensures connectivity to 10 strategic data centers, integrating underground conduit systems. Key locations connected include Goodyear, Buckeye, Glendale, Mesa, and Tempe. In addition, the network positions Lightpath near 30 more data centers, amplifying their reach. Although 133 miles of fiber are already operational, further construction is slated for the second quarter of 2025, aiming for completion by 2026.

Rachel Stack, CFO of Lightpath, stated, “WANRack’s Phoenix business is a perfect fit with Lightpath’s recent market entry and provided a solution for solving our strategic customer’s near-term requirements.”

Tim Haverkate, EVP of Major Infrastructure Solutions, highlighted Phoenix’s strategic importance. He said, “Phoenix represents a strategic and growing market for Lightpath as we look to provide critical fiber infrastructure to customers with intensive bandwidth requirements.”

Lightpath is known for its advanced fiber-optic networks, offering customized connectivity solutions with high reliability and security. Their deep commitment to innovative problem-solving is evident, as is their dedication to addressing customer challenges.

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