Tuesday, September 5, 2006
OnFiber Acquisition Completed
Denver, Colorado-based Qwest Communications has completed its $107M acquisition of OnFiber Communications, the firm said today. OnFiber was an Austin, Texas-based provider of metropolitan Ethernet and wide area networking services. Qwest announced the deal to acquire OnFiber in May. Qwest will use OnFiber's assets to bring additional network facilities into an additional 23 metropolitan areas. OnFiber's customers are mostly large businesses and government clients.