Tech Valley Communications (TVC) has completed the purchase of Vermont-based TelJet Longhaul, including TelJet’s Vermont and New Hampshire fiber networks and its recently built colocation facility
As a result of this transaction, Tech Valley Communications has added density to its fiber networks, which operate across in Upstate New York, Northern New England and into Canada, totaling more than 190,000 fiber miles and nearly 1,300 lit buildings.
“This is an important day for Tech Valley Communications, our employees, customers and stakeholders,” said Kevin O’Connor, CEO and co-founder of TVC. “This transaction allows us to extend our high-capacity, low-latency fiber network throughout the state of Vermont which will benefit businesses, healthcare organizations, educational institutions and government entities throughout all of the regions we serve.”
After the transaction, TelJet’s senior leadership and employees will continue to function in similar roles post transaction serving TVC’s Vermont customers.
“I am pleased that the TelJet team is now part of TVC,” said TelJet’s President, Greg Kelly. “TelJet has experienced tremendous success over the past few years, and this transaction provides access to the resources necessary to support our continued growth, which includes a planned multi-million dollar investment in our Vermont fiber network later this year.”
He added, “It will also allow us to aggressively pursue fiber-to-the-tower opportunities and to expand our state-of-the-art colocation facility in Vermont, which is one of the only carrier-grade colocation facilities serving customers in Northern New England.”