A consortium led by funds managed by H.R.L. Morrison & Co (“Morrison & Co”), a global infrastructure investment firm focused on the digital and renewables sectors, and including Australian Retirement Trust (“ART”) and a managed client of UBS Asset Management, today announced that it has signed a definitive agreement to acquire FiberLight, LLC (“FiberLight”), a leading fiber infrastructure provider with more than 20 years of experience building and operating mission-critical, high-bandwidth networks, from Thermo Companies. The investment will accelerate FiberLight’s network expansion, positioning it to take advantage of the rapidly growing fiber infrastructure market. Terms of the transaction were not disclosed.

Read more: Fiberlight Network to be Acquired

MEF announced the appointment of two new members to its board of directors. Debika Bhattacharya, Chief Product Officer, Verizon Business, and John Nolan, Vice President, Global Connection Management, AT&T, join a distinguished group of visionary leaders in the service provider and ICT industries.

Read more: AT&T and Verizon Executives Join MEF Board of Directors

The inaugural Proof of Concept (PoC) program at Fiber Connect 2022 featured collaborative projects among Fiber Broadband Association member companies. PoCs were asked to demonstrate how fiber broadband allows the innovative services and applications driving the Gigabit Economy to deliver more value to communities, companies and people than with other broadband delivery options.

Read more: Nokia, Calix, and Ciena Proof of Concepts Awarded at Fiber Connect 2022

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