Henrietta-based ultra-high-speed broadband service provider Greenlight Networks is enlarging its footprint in Pennsylvania.
On July 8, the company announced it is acquiring Loop Internet, a locally owned internet service provider in Scranton, Pennsylvania.
The transaction is expected to close later this year, pending regulatory approvals. Terms of the agreement were not disclosed.
“Loop’s existing network footprint complements our current and planned service areas and will provide a critical base of operations, in addition to key personnel and resources in the Scranton area,” Greenlight CEO Mark Murphy said in a statement.
In April, Greenlight announced its initial expansion into Pennsylvania with projects totaling $19 million that will bring fiber internet to the northeastern and south-central regions of the state.
In addition, Greenlight is in the throes of a $100 million buildout in Baltimore, Maryland, and expects to start connecting customers there in September.
Founded in 2011, Greenlight offers connection speeds of up to 8 gigabits per second.
Currently, it’s in more than 225,000 homes and 10,000 small businesses across 40 municipalities in New York state, including Rochester, Buffalo, Binghamton and Albany.
Reporter Marcia Greenwood covers general assignments and has an interest in retail news. Send story tips to mgreenwo@rocheste.gannett.com. Follow her on X @MarciaGreenwood.
This article originally appeared on Rochester Democrat and Chronicle: Greenlight Networks grows footprint in PA with Loop Internet purchase
Reporting by Marcia Greenwood, Rochester Democrat and Chronicle / Rochester Democrat and Chronicle
USA TODAY Network via Reuters Connect
