Lightpath Acquires WANRack's Phoenix Business

Core Insights - Lightpath has acquired WANRack's fiber assets and customers in the Phoenix metropolitan market, adding 133 route miles to its network [1] - The integration of WANRack's assets increases Lightpath's total network footprint in Phoenix to 363 route miles, connecting 10 key data centers [2] - The network will be strategically positioned near over 30 additional data center campuses, with full network completion targeted by the end of 2026 [3] Company Strategy - The acquisition aligns with Lightpath's strategy to provide critical fiber infrastructure to customers with high bandwidth requirements in the growing Phoenix market [4] - Lightpath aims to enhance customer relationships and connectivity solutions through this acquisition, demonstrating a commitment to innovative problem-solving [4] Infrastructure Development - Lightpath is already service-ready on 133 miles of the acquired fiber, with additional high-priority network segments planned for construction in Q2 2025 [3] - The infrastructure will utilize underground, multi-duct conduit systems to link emerging data center hubs to Phoenix's primary carrier exchange ecosystems [2]