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September 26, 2007 | Embassy Suites | Secaucus, New Jersey

Broadview Closes InfoHighway Acquisition

Posted on: 06/04/2007


 

Broadview Networks Holdings Inc. has closed its acquisition of InfoHighway Communications Corp.

The deal was announced in February and was finalized May 31. Terms were not disclosed as both providers are privately held.

Together InfoHighway and Broadview form a $500 million CLEC. That puts the new company just behind northeast U.S. rivals such as One Communications, which last year boasted $800 million in revenue, and PAETEC Holding Corp., now a publicly traded company thanks to its merger with US LEC, reporting around $1 billion in annual revenue.

Broadview Networks www.broadviewnet.com 
InfoHighway www.infohighway.com

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