Optimum Lightpath to Acquire 4Connections LLC
JERICHO, N.Y., July 15 /PRNewswire/ -- Optimum Lightpath(SM), an industry leader in providing advanced Ethernet-based business communications services in the New York, New Jersey metropolitan area, today announced that it has signed an agreement to acquire 4Connections LLC.
Based in Parsippany, New Jersey, 4Connections is a broadband technology enabler of advanced voice, data and video applications that provides first and last mile fiber capabilities to businesses. The company, an early supporter of New Jersey's quest for more advanced telecommunications networks, currently connects a significant portion of New Jersey with their secure and reliable fiber optic network.
"The acquisition of 4Connections will significantly expand our network reach and our ability to offer highly competitive, advanced Ethernet-based data, internet, voice, and managed service products to more New Jersey businesses. We are excited about the opportunity to continue to help drive New Jersey to a leadership position in fiber optic networking" said Dave Pistacchio, Executive Vice President and General Manager, Optimum Lightpath.
"The agreement benefits both companies, and provides a great opportunity for our customers and many other New Jersey businesses to benefit from Optimum Lightpath's award winning advanced services. We look forward to continuing to be a part of New Jersey's technological future as part of the Optimum Lightpath family," said Gil Santaliz, President of 4Connections.
Optimum Lightpath's multi-award winning Metro Ethernet solutions offer its customers simple, flat rate pricing for advanced products on its highly reliable fiber optic network -- all backed up by award winning service and support.
Consummation of the transaction is subject to certain customary closing conditions.
About Optimum Lightpath
Optimum Lightpath, a division of Cablevision Systems Corporation, is an industry leader in providing advanced Ethernet-based data, Internet, voice, video transport solutions and managed services to businesses across the New York metropolitan area. Optimum Lightpath's Intelligent Enterprise Network is a highly reliable, resilient and scalable fiber-to-the-business-premises network extending more than 2,750 route miles and is connected to over 2,800 buildings.
Optimum Lightpath has been exclusively focused on meeting customer needs in the world's largest business market for nearly 20 years, and has been continually recognized for its innovation and commitment to customer service. For 10 straight years, the New York State Public Service Commission has awarded Optimum Lightpath its Commendation of Excellence.
The Metro Ethernet Forum (MEF), NPRG Communications, Frost & Sullivan and Heavy Reading have named Optimum Lightpath Service Provider of Year multiple times. Additionally, Optimum Lightpath was one of the first service providers in the world to earn Carrier Ethernet certification from the MEF. For more information, visit www.optimumlightpath.com.
About Cablevision
Cablevision Systems Corporation is one of the nation's leading entertainment and telecommunications companies. Its cable television operations serve more than 3 million households in the New York metropolitan area. The company's advanced telecommunications offerings include its iO TV(SM) digital television, Optimum Online® high-speed Internet, Optimum Voice® digital voice-over-cable, and its Optimum Lightpath integrated business communications services. Cablevision's Rainbow Media Holdings LLC operates several successful programming businesses, including AMC, IFC, Sundance Channel and WE tv, along with other national and regional networks. In addition to its telecommunications and programming businesses, Cablevision owns Madison Square Garden and its sports teams, the New York Knicks, Rangers and Liberty. The company also operates New York's famed Radio City Music Hall, and owns and operates Clearview Cinemas.
