Cleveland-based Everstream has started construction of a 580-mile fiber-optic network in Central Ohio as part of a $300 million broadband expansion spanning seven Midwest states.
It’s built the first 80 miles along I-270 in Columbus, one of the first two markets for the expansion financed by AMP Capital, an Australian private equity firm that acquired Everstream last year. The up to $25 million network eventually will extend to Delaware, Marysville, Newark and Grove City, and more will be added with demand.
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Story excerpt provided by Columbus Business First.
Written by Carrie Ghose.
Originally published August 28, 2019.