State OKs Archtop Fiber’s Broadband Plan
Very exciting news for our client Archtop Fiber! This restructuring will allow the company to invest more capital into constructing its best-in-class fiber network throughout the Hudson Valley, delivering some of the world's fastest broadband speeds for our businesses and residents.
“Specifically, the companies commit to invest at least $125 million in New York over the four-year period from 2026 to 2029 to improve infrastructure, extend their high-speed broadband network, and improve customers’ service, including upgrading switches, firewalls, and other electronics at local market offices and hub sites; passing approximately 94,800 addresses; performing data center upgrades benefitting all Archtop Fiber customers; and deploying new interconnection facilities to interconnect New York markets without the need to rely on third-party circuits,” the PSC said.
“This transaction will result in stronger telecommunications and cable markets in New York State,” said Commission Chair Rory M. Christian in a statement. “Further, the transaction will be seamless to customers as it is not expected to cause any change to New York residential, business, or enterprise customers’ telecommunications or cable services or service providers. It is a win for consumers.”