FastBridge Fiber being acquired by Greenlight Networks
FastBridge Fiber being acquired by Greenlight Networks
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FastBridge Fiber being acquired by Greenlight Networks

🕒︎ 2025-11-04

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FastBridge Fiber being acquired by Greenlight Networks

For information on submitting an obituary, please contact Reading Eagle by phone at 610-371-5018, or email at obituaries@readingeagle.com or fax at 610-371-5193. Most obituaries published in the Reading Eagle are submitted through funeral homes and cremation services, but we will accept submissions from families. Obituaries can be emailed to obituaries@readingeagle.com. In addition to the text of the obituary, any photographs that you wish to include can be attached to this email. Please put the text of the obituary in a Word document, a Google document or in the body of the email. The Reading Eagle also requires a way to verify the death, so please include either the phone number of the funeral home or cremation service that is in charge of the deceased's care or a photo of his/her death certificate. We also request that your full name, phone number and address are all included in this email. All payments by families must be made with a credit card. We will send a proof of the completed obituary before we require payment. The obituary cannot run, however, until we receive payment in full. Obituaries can be submitted for any future date, but they must be received no later than 3:00 p.m. the day prior to its running for it to be published. Please call the obituary desk, at 610-371-5018, for information on pricing. FastBridge Fiber, a Berks County-based fiber internet provider, has agreed to be acquired by Greenlight Networks, a leading fiber-to-the-home internet provider in New York, Pennsylvania and Maryland. The transaction is expected to close in mid-2026, pending regulatory approvals and customary closing conditions, the companies jointly announced Tuesday. “This acquisition not only positions us to accelerate our ability to serve more communities in Pennsylvania, but it also adds to our scale in Buffalo,” Mark Murphy, CEO of Greenlight Networks, said in press release. “Together, we can deliver next-generation internet to more residents and small businesses faster in areas where demand for high-speed fiber internet is rapidly growing,” In making the announcement, Greenlight said FastBridge Fiber’s internet infrastructure complements Greenlight’s existing network. “We’re thrilled to join forces with Greenlight Networks,” Lynn Pope, co-founder and chief revenue officer of FastBridge Fiber, said in the release. “From day one, our focus has been on our customers and the dedicated people who make our service possible.” John Rinehart, co-founder and chief operations officer of FastBridge Fiber, added that the partnership builds on that foundation. “Greenlight’s scale, resources and customer-first culture will allow us to innovate faster and expand access to the world-class connectivity our customers deserve,” Rinehart said in the release. FastBridge Fiber provides service in Pennsylvania and New York. Among the communities served in Pennsylvania are Sinking Spring, West Reading, Shillington, Reading, Wyomissing, Temple and Muhlenberg Township in Berks County, as well as Bloomsburg, Williamsport and Danville, with construction underway in Erie and Hazelton, according to the release. In New York, FastBridge provides service in Buffalo and Clarence. In April, the Syracuse, N.Y.-based Greenlight announced its plans to expand into Pennsylvania. Tuesday’s announcement follows Greenlight’s recent acquisition of Scranton-based Loop Internet and builds on the company’s broader growth strategy, the company said in the release. The acquisition of Loop Internet was completed in October. Oak Hill Capital is the majority investor in Greenlight Networks. FastBridge Fiber has been supported, and is majority owned, by select client accounts of Guggenheim Investments. Following the closing of the transaction, Guggenheim will take an ownership stake in Greenlight Networks and in conjunction with Oak Hill Capital will further strengthen the company’s growth and expansion initiatives, according to the release.

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