Manulife Launches Lakefront Fiber to Enhance High-Speed Connectivity Across Regions
Manulife Launches Lakefront Fiber for High-Speed Connectivity
On May 19, 2025, Manulife Investment Management, in collaboration with certain affiliates, announced the inception of Lakefront Fiber, LLC. This new joint venture, developed in partnership with Midwest Fiber Networks (MWFN), aims to extend high-quality fiber connectivity to hyperscale, carrier, and municipal clients across the Midwest.
In a statement, Recep Kendircioglu, the Global Head of Infrastructure at Manulife IM, expressed delight in collaborating with MWFN, a long-trusted partner. He emphasized the significance of Lakefront Fiber's extensive pipeline in providing superior connectivity solutions to diverse customers. This joint venture builds on MWFN’s long-standing reputation as a premier regional fiber developer with decades of experience in delivering reliable fiber infrastructure.
Eddie Dunn, Managing Director at Manulife IM, explained that this partnership aligns with their broader digital infrastructure strategy, focusing on critical fiber assets that are backed by long-term agreements with reputable business partners. As businesses pivot to a more digital-centric approach, such investments are crucial in meeting growing connectivity demands.
Nik Ivancevic, Managing Partner at MWFN, echoed this sentiment, noting the historical relationship with Manulife IM and expressing excitement about the new venture. He emphasized how Lakefront Fiber will enable MWFN to scale its operations, enhancing service delivery for their clients.
In conjunction with this announcement, Lakefront Fiber revealed it has successfully concluded its initial transaction by acquiring select network assets in Illinois from Everstream. This acquisition adds nearly 650 route miles of fiber infrastructure, tremendously bolstering Lakefront Fiber's capacity to deliver high-quality connectivity. This strategic move aims to enhance customer-focused solutions and ensure more robust service across critical markets in the Midwest.
About Manulife Wealth & Asset Management
Part of Manulife Financial Corporation, Manulife Wealth & Asset Management stands as a beacon of global financial services, offering investment strategies, retirement planning, and financial advice to a clientele of 19 million across various demographics. With a mission to simplify financial decisions and enhance the quality of life, Manulife IM maintains a steadfast commitment to responsible stewardship over investor capital. Their rich legacy in risk management and extensive expertise across financial landscapes positions them uniquely to aid clients in navigating their investment journeys.
About Midwest Fiber Networks
Midwest Fiber Networks has been at the forefront of high-speed fiber connectivity within the Midwest, with an unwavering focus on reliability, customer satisfaction, and resilience. Leveraging decades of expertise in telecommunications infrastructure, MWFN is instrumental in supporting essential operations for businesses, schools, healthcare facilities, and governmental bodies. As they expand their footprint, MWFN remains dedicated to constructing the future of fiber connectivity, one mile at a time.
For further insights regarding Lakefront Fiber or inquiries about their services, visit the official websites of Manulife and Midwest Fiber Networks.