Everstream's Intent to Purchase LightBound Fiber Assets from DataBank Accelerates Entry into Indianapolis
Everstream, the business-only fiber network, has announced a definitive agreement to purchase a 200-plus-mile Indianapolis-based fiber network and CLEC operation from DataBank, a leading provider of enterprise-class data center, connectivity and managed services. The fiber network and CLEC assets originally owned by LightBound were purchased by DataBank.
Dedicated to building a technologically advanced fiber network, Everstream has accelerated its planned entry into the Indianapolis market with its intent to purchase these fiber assets. When fully completed, the Everstream network will cover the Indianapolis metro area.
"By acquiring existing fiber network in Indianapolis, Everstream is able to expand its Midwest footprint and begin serving area businesses more quickly than expected," said Everstream President and CEO Brett Lindsey. "Our enterprise-grade network provides businesses with enhanced reliability, optimal routes and maximum performance, and is complemented by Everstream's dedication to corporate transparency and customer support."
This transaction coupled with Everstream's planned expansion in Indianapolis includes:
DataBank and Everstream have been working together closely to ensure LightBound's core business services continue to flourish under like-minded ownership. Moving forward, DataBank and Everstream will partner closely as each company combines the legacy LightBound assets with their core business segments - namely data centers and fiber networks, respectively.
"We are looking forward to working with Everstream as we serve existing and new enterprise customers in Indianapolis," said DataBank CEO Raul Martynek. "We are excited about expanding our edge data center presence in the market while collaborating with a fiber network partner like Everstream."
To learn more and view Everstream's network and expansion efforts, visit everstream.net/network-expansion.
Everstream has raised the bar for business connectivity, delivering a business-only fiber network with the speed, reliability, scale and performance that today's enterprises demand. With more than 10,000 route miles of fiber spanning six states and speeds up to 100 Gbps, Everstream's enterprise-grade network delivers robust business fiber services, including dedicated internet access, dark fiber, Ethernet and data center solutions. Through its "Do What You Say You Will Do" approach, Everstream is a valued partner dedicated to the success of business customers. For more information, visit everstream.net.