By David Delony
Facilities-based telecommunications provider FirstLight Fiber has announced that it has secured an expanded line of credit from GE Capital and Webster Bank.
The Albany, New York-based provider plans to use the line of credit to expand its fiber network in Upstate New York and New England.
“We are pleased with the strong support from GE Capital and Webster, both of whom are well-respected financial leaders in this industry,” FirstLight Fiber president and CEO Kurt Van Wagenan said. “The expanded credit line provides the flexibility and resources necessary to allow FirstLight to continue investing in large-scale customer projects and positions FirstLight to continue to be the provider of choice for businesses and carriers seeking high quality communications solutions.”
