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August 12, 2015

FirstLight Fiber Announces Credit Line Expansion


By David Delony Contributing Writer



Facilities-based telecommunications provider FirstLight Fiber has announced that it has secured an expanded line of credit from GE Capital and Webster Bank.

The Albany, New York-based provider plans to use the line of credit to expand its fiber network in Upstate New York and New England.

“We are pleased with the strong support from GE Capital and Webster, both of whom are well-respected financial leaders in this industry,” FirstLight Fiber president and CEO Kurt Van Wagenan said. “The expanded credit line provides the flexibility and resources necessary to allow FirstLight to continue investing in large-scale customer projects and positions FirstLight to continue to be the provider of choice for businesses and carriers seeking high quality communications solutions.”


The company focuses on selling fiber and Internet services to commercial clients and other telcos in upstate New York, New Hampshire, Vermont, Massachusetts and Maine. In addition to data transport and Internet services, it also offers data center colocation, SIP trunking and virtual PBX.

The company’s fiber network already connects the major cities of the Northeast U.S.: New York City, Boston, Albany, Portland, Maine as well as Montreal in Canada. Its network is more extensive in its native Albany as well in New Hampshire. The company claims over 220,000 fiber miles, 1,650 lit locations and 10,000 near-lit locations across its network.

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The company’s regional focus will allow carriers to use its network to expand fiber backhaul quickly without having to build out their own networks. This will become important as more users opt for data-hungry mobile devices. Fiber backhaul will help major carrier networks avoid getting swamped with traffic from smartphones and tablets.

FirstLight Fiber has been growing to meet the anticipated need for more fiber in the future. Last year, it acquired the assets of G4 Communications in New Hampshire, including a data center in Manchester, New Hampshire.




Edited by Dominick Sorrentino
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