TMCnet has learned that American Fiber Systems (AFS) has completed $25 million in financing from Comerica Bank's Technology and Life Sciences Division. AFS will use the money to increase their capacity to offer infrastructure and wholesale transport services in second- and third-tier metropolitan markets.
AFS is a privately-held broadband service provider (BPS) with headquarters in Rochester, N.Y. Their business is focused on delivering carrier-grade wholesale optical broadband services to telecommunications carriers and large enterprises, so those customers can "cost-effectively extend existing technology infrastructure for high-bandwidth, high network reliability data services, including optical speed Internet, business services, telephony services, IPTV and video streaming applications."
AFS says that it has deployed over 90,000 miles of cable since the company was started in 2000. Their markets include Atlanta, Cleveland, Kansas City, Minneapolis/St. Paul, Nashville and Salt Lake City.
AB -- 2/2/06
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