OnFiber Acquires C2C Fiber in Boston

OnFiber Communications has acquired a majority of the assets and all customer contracts of C2C Fiber of Massachusetts, a competitive carrier operating in the Boston metropolitan area. The deal included approximately 350 route miles in over 25 cities and towns throughout the Boston area, including the I-495 corridor. Financial terms were not disclosed. http://www.onfiber.comOnFiber was founded in December 1999 and has raised nearly $134 million from Kleiner Perkins Caufield & Byers, Incepta (affiliate of Bechtel Enterprises), Bear Stearns Merchant Banking, Amerindo Investment Advisors, GE Capital, TeleSoft Partners and others.



In August 2003, OnFiber acquired a majority of the network assets and customer contracts of Telseon Inc.