Business fiber network provider Everstream, a company with more than 13,000 route miles of fiber and speeds up to 100 Gbps, will invest more than $250 million in the buildout of its dense fiber network in 2020. The investments are part of an organic and acquisition-based growth strategy intended to position Everstream as the premier fiber provider in the Midwest.
“Everstream’s goals for 2020 are aggressive,” said Brett Lindsey, President and CEO of Everstream. “We actively continue our network build to provide high-capacity, low-latency connectivity to businesses throughout the Midwest. At the same time, we are also strategically pursuing acquisition and partnership opportunities that will help us reach our goals more quickly while densifying the network already in place. Because of the tremendous growth we’re experiencing, 2020 is going to be an exciting year for Everstream and our customers.”
The aggressive growth strategy also includes entry into five new Midwest markets. This would help Everstream reach its goal of more than 15,000 route miles of fiber deployed by year’s end. Next to that it provides customers direct connection to Everstream’s other markets as well as connectivity to Everstream’s 36 “state-of-the-art” data centers across the Midwest.
$70 Million Investment
Everstream’s 2020 plans follow a successful 2019, in which the company invested more than $70 million in new network construction and grew total route miles across its markets by 30%, to a total of more than 13,000. Everstream brought its “high-capacity, low-latency” connectivity services to Columbus, Ohio; Indianapolis, Indiana; and Milwaukee, Wisconsin, and added fiber to densify its network in Cleveland, Ohio. Two acquisitions also boosted the company’s Midwest presence.
Everstream’s enterprise-grade network delivers business fiber services that include dedicated Internet access, dark fiber, Ethernet and data center solutions. The company’s advanced fiber network offers direct peering with all major carriers and cloud hyperscalers. With “high-speed, low-latency” connections, it provides converged internet, voice and data services at speeds of up to 100 Gbps.