Brightspeed Secures Multi-Billion Fiber Network Financing

It received approximately $3.7 billion for fiber builds.

Brightspeed Secures Multi-Billion Fiber Network Financing
Photo of Brightspeed CEO Tom Maguire

August 14, 2024 – Internet Service Provider Brightspeed announced that it secured a multi-billion dollar financing deal that will reinforce its ability to successfully build out a fiber build plan.

The deal “strengthens our financial foundation, provides the capital required to deliver on our long-term goals and better positions us to pursue Broadband Equity, Access and Deployment program, state and federal grant funding,” said Brightspeed. 

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