Lightpath Network Services and Reach
Lightpath's network services span data, Internet, unified communications, security and managed services.The Lightpath network serves businesses across 21 states, but is best known in the New York Metropolitan Area -- with reach into New Jersey and Connectivity. More than 15,000 commercial buildings are directly connected to Lightpath's fiber network.MSIP typically invests in power generation and utilities, natural gas, transportation, and digital infrastructure.Lightpath Network Services: Executive Perspectives
It sounds like MSIP's investment in Lightpath is the first of multiple forthcoming steps. In a prepared statement about the deal, Altice USA CEO Dexter Goei said:“Lightpath is an expansive and best-in-class enterprise fiber communications business with tremendous long-term potential. Bringing in a strategic investor allows Altice USA to focus on operating our core businesses while infusing the capital needed to grow Lightpath and maximize shareholder value. We are pleased to partner with MSIP, a leading investor in telecommunications infrastructure with deep operational and management expertise, to propel Lightpath and unlock its future potential.”