Greenlight Networks Expands Reach with Acquisition of FastBridge Fiber
Greenlight Networks Expands Reach with Acquisition of FastBridge Fiber
In a significant move for the broadband landscape in the northeastern United States, Greenlight Networks, a prominent fiber-to-the-home internet provider, has announced its decision to acquire FastBridge Fiber, a Pennsylvania-based fiber internet service provider. This strategic acquisition, revealed on November 3, 2025, is expected to close in mid-2026, pending the necessary regulatory approvals and customary conditions.
This acquisition is a continuation of Greenlight's aggressive growth strategy, which has seen the company actively expand its operations. Earlier this year, Greenlight successfully acquired Loop Internet, a Scranton-based provider, and marked its official expansion into Pennsylvania, a move that has been significantly beneficial for the company's footprint. With this new acquisition, Greenlight aims to further fortify its position in the rapidly growing fiber internet marketplace.
Founded in 2011, Greenlight Networks has made a reputation for providing ultra-high-speed internet services, offering symmetrical connection speeds that reach up to an impressive 8 Gigabits per second. Serving nearly 300,000 households and small businesses across New York, Pennsylvania, and Maryland, this expansion will allow the company to not only serve existing customers better but also tap into new markets.
FastBridge Fiber has developed a robust internet infrastructure that complements Greenlight's existing network. Its services have been widely used in prominent locations such as Buffalo, NY and various communities across Pennsylvania, including Berks County, Bloomsburg, Danville, and Williamsport. Construction is also underway in Erie and Hazleton, indicating a healthy pipeline for future growth.
Mark Murphy, the CEO of Greenlight Networks, expressed enthusiasm about the acquisition: “This acquisition not only positions us to accelerate our ability to serve more communities in Pennsylvania, but it also adds to our scale in Buffalo. Together, we can deliver next-generation internet to more residents and small businesses faster, in areas where demand for high-speed fiber internet is rapidly growing.” His sentiments indicate a clear focus on growth and customer satisfaction through enhanced connectivity.
Lynn Pope, co-founder and Chief Revenue Officer of FastBridge Fiber, shared her excitement about joining forces with Greenlight. She emphasized a strong commitment to customer service, which has always been the focal point of their business operations. Her colleague, John Rinehart, co-founder and Chief Operations Officer of FastBridge Fiber added, “This partnership builds on that foundation. Greenlight's scale, resources, and customer-first culture will allow us to innovate faster and expand access to the world-class connectivity our customers deserve.”
The acquisition comes at a time when demand for high-speed internet is surging, particularly in rural and under-served communities. The integration of FastBridge Fiber into Greenlight’s operations is expected to enhance service availability and reliability, which is crucial as more people depend on their internet connectivity for work, education, and everyday activities.
Oak Hill Capital, the major investor in Greenlight Networks, will continue to support the company through this transaction. Following the completion of the acquisition, Guggenheim Investments, which has primarily supported FastBridge Fiber, will acquire an ownership stake in Greenlight Networks. This strategic alliance aims to bolster future growth and expansion initiatives.
Guggenheim Securities, LLC has acted as the financial advisor for FastBridge Fiber, while AO Shearman and Paul, Weiss, Rifkind, Wharton & Garrison LLP provided legal counsel to both parties in this transaction. This well-coordinated team effort underscores the professional background behind one of the most pivotal moves in the telecommunications industry this year.
Conclusion
Greenlight Networks’ acquisition of FastBridge Fiber represents a strong commitment to enhancing internet accessibility and quality in the Northeast, particularly within Pennsylvania and New York. As fiber internet continues to grow in demand, partnerships and acquisitions such as this will play a crucial role in shaping the future of broadband service offerings. FastBridge Fiber's existing infrastructure will enable Greenlight to not only serve its current customers better but also enhance service delivery, ensuring that all communities have access to top-tier internet connectivity. The future certainly appears bright for both companies as they embark on this new chapter together.
For more information on Greenlight Networks, visit Greenlight Networks. To learn more about FastBridge Fiber, visit FastBridge Fiber.
Topics Telecommunications）
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