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Brightspeed Locks $1.65 Billion to Push Fiber Expansion in 20 States
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Brightspeed Locks $1.65 Billion to Push Fiber Expansion in 20 States
Brightspeed has secured $1.65 billion in new capital to keep its aggressive fiber buildout moving, marking its third major financing round in less than a year.Image Credit: Melissa Key/CBJ via bizjournalsThe fresh funding follows a $575 million bond sale in June and $3.7 billion raised in August 2024, underscoring investor appetite for the company’s growth plan.The Charlotte-based broadband provider, already the nation’s third-largest fiber buil…
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