7. Cox Communications Buys Fiber Provider Segra
Carrier giant Cox Communications in April revealed it has inked a definitive agreement to acquire Charlotte, N.C.-based Segra, one of the largest privately held fiber infrastructure providers in the U.S., for an undisclosed sum.
Via the terms of the deal, Cox will acquire Segra’s commercial services segment, which serves enterprise and carrier customers in nine states in the Mid-Atlantic and Southeast with its dense metropolitan fiber network, according to the two companies.
Atlanta-based Cox has made a series of network infrastructure investments in recent years, including EasyTel, EdgeConneX, InSite Wireless, StackPath, Unite Private Networks and ViaWest.