Tech Valley to Acquire TelJet Longhaul Assets

Tech Valley Communications agreed to acquire substantially all of the assets of Vermont-based TelJet Longhaul, including the fiber network and colocation facility. The transaction will create “one of the largest and most dense fiber networks in Upstate New York and Northern New England,” Tech Valley says. Tech Valley will have more than 190,000 fiber miles and nearly 1,100 lit buildings, and will operate a network that spans New York, Northern New England (New Hampshire, Maine and Vermont) and reaches Canada. The deal is expected to close within the next 90 days, subject to customary closing conditions and regulatory approval.