CLEVELAND, Ohio – Everstream, the business-only fiber network, today announced that it has completed its purchase of Rocket Fiber LLC, a Detroit-based internet service provider. The acquisition provides Everstream coverage in all major Michigan markets and rounds out an expansive fiber footprint in greater Detroit.
The purchase is part of Everstream’s strategy to provide reliable, high-bandwidth connectivity to enterprises in Michigan and throughout the Midwest. With the deal’s close, Everstream has added 41 route miles to its network and access to more than 5,000 businesses. Rocket Fiber residential services will continue uninterrupted under the Rocket Fiber brand.
Everstream's Detroit network now includes:
The addition of 41 route miles of network in greater Detroit.
Direct connection to Everstream’s existing fiber network infrastructure in Michigan and its other Midwest markets.
Connectivity to four state-of-the-art data centers in the Detroit area, with access to more than 32 additional data centers — and growing — across the Midwest.
Offices in downtown Detroit, with local team members.
The closing of the Rocket Fiber acquisition is in addition to the company’s recently announced $250 million commitment to build new fiber infrastructure across the Midwest. In 2020, Everstream plans to expand into five new markets, hire 100 new employees and reach its goal of 15,000 route miles of fiber deployed across the Midwest.
Over the next two years, approximately 60% of service providers (both large and small) will adopt virtualization on a wide scale across their networks, according to the latest survey report from Ovum. Why are providers making these moves? Is there an easy way to start?
Learn how and why service providers are using virtualization to transform their networks. This webinar will look at how providers are leveraging virtualization to create more flexible and agile networks while also providing a better customer experience. Expert speakers from netElastic and Heavy Reading will address the industry drivers for network virtualization, the benefits that can be realized, the challenges to face and the results of virtualization being achieved by providers today.
Key topics will include:
Current network infrastructure and the move to virtualization
Benefits and challenges of network virtualization
How providers can get started
Service provider success stories: the decision to virtualize, the solution, and results