View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
March 12, 1987


By CBR Staff Writer

Consolidation in the US long-distance fibre-optic network business continues, and this week, FiberNet Communications Corp of Metuchen, New Jersey announced that it had bought three long distance companies that previously operated independent East and West coast long distance networks. The acquisitions bring together the more than 10,000 small and medium size business customers of the four companies, enabling prices and products comparable with those previously available only to Fortune 100 companies with their own private telecommunications networks. FiberNet has acquired 100% of TK Communications, which provides services in New Jersey, Connecticut, Maryland, Pennsylvania and the District of Columbia under the trade name TollKall; FiberNet. It has also acquired 80% of the stock of ACSI, a California-based company which with its wholly owned subsidiary, Amptelco, provide services throughout California under the trade name Telephone Express Network and has switching centres in San Francisco, Sacramento and Irvine, California. The rest of the holders of ACSI stock are expected to have accepted Fibernet’s offer by tonight. FiberNet has also won acceptances in respect of over 80% of the shares of All-State Communications, of Burlingame, California. All-State provides long distance services throughout the San Francisco Bay Area, and acceptances there are also expected to reach 100% by tonight. No financial details of the acquisitions were disclosed, but FiberNet is a publicly quoted company traded Over-The-Counter.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.