Cox Communications has completed the full acquisition of Unite Private Networks (UPN), a commercial fiber provider it had majority owned since 2016. UPN will be paired with Segra, which also is owned by Cox, and other assets to create a commercial fiber solutions company.
Minority owners of UPN were Ridgemont Equity Partners and the UPN management team. Cox acquired Segra in 2021 and has invested in RapidScale and Logicworks, which are cloud and managed IT service providers.
Kevin T. Hart will be UPN’s chief executive officer Jason Adkins will be president and report to Hart.
“We’ll draw upon the successes of Segra and UPN, in addition to the rich history and values of Cox as we form our new fiber infrastructure company,” Cox Communications President Mark Greatrex said in a press release. “Bringing Segra and UPN together into a standalone fiber platform will enhance our ability to serve our customers with an expanded footprint and greater network capacity.”
Cox announced its intention to fully acquire UPN in May and said that the deal would close by the end of last month.
In February, UPN said it would expand into Lawrence, KS metro area. The project included bringing 24 miles of high-count fiber to more than 900 serviceable locations. The network carrier grade, low-latency networks was to connect to UPN’s core network in Kansas City MS via 100 Gbps routes. End users would have access to dedicated lit services that scale from 10 Mbps to 100 Gbps.
In June 2021, UPN said that it would expand its network in Little Rock, AR. The project was a ring around the metropolitan area of the city that would expand the existing network to a total of 235 miles.
Cox offers a variety of telecommunications services in more than 30 states. Cox Business provides supports services to almost 370,000 businesses nationwide.
