Greenlight Networks

From Handwiki

Greenlight Networks
TypePrivate
IndustryTelecommunications
Founded2011
HeadquartersRochester, NY, United States
Key people
Tom Golisano
Mark Murphy
ProductsFiber Internet
WebsiteGreenlight Networks

Greenlight Networks is a fiber-optic Internet service provider in Rochester, New York and the Buffalo Niagara Region. The company was founded in 2011 and competes with Frontier Telephone of Rochester, Verizon Fios and Charter Spectrum.

History

Greenlight was founded in 2011 by Mark Murphy and began offering 1 Gigabit fiber optic internet service in 2012.[1] The service began mostly confined to areas east of the Genesee River due to financial constraints with building new fiber optic lines particularity in Rochester's suburbs and getting permission the various towns and from Rochester Gas and Electric to use their existing poles. In 2018, the company was purchased by local billionaire businessman and philanthropist Tom Golisano.[2] Following Golisano's purchase of the company it began to rapidly expand across the west side of the market.[3] The company determines where it will expand to by the amount of signups for the service a particular area has.

In December 2019, it was announced that Greenlight would be expanding into the Buffalo Niagara Region in 2020.[4][5]

Future expansion

Greenlight’s website suggests the company is looking into future long-term expansion into areas such as Albany, Binghamton, Ithaca, Syracuse, and the Finger Lakes Region as well as Bridgeport, Danbury, Hartford, New Haven, and Stamford in Connecticut.[6]

References

  1. "High-speed Internet gets the Greenlight" (in en). https://www.democratandchronicle.com/story/money/business/2013/05/19/small-business-spotlight-greenlight-networks/2324845/. 
  2. "Billionaire Thomas Golisano is acquiring Spectrum, Frontier competitor Greenlight Networks" (in en). Rochester Democrat and Chronicle. https://www.democratandchronicle.com/story/news/2018/04/21/golisano-acquiring-high-speed-provider-greenlight-networks/538951002/. 
  3. "Greenlight internet expands to Greece" (in en). https://www.azcentral.com/story/money/business/2018/08/13/greenlight-internet-available-greece-ny/980438002/. 
  4. "Rochester-based Greenlight Networks to offer internet service in Buffalo Niagara" (in en-us). 2019-12-16. https://buffalonews.com/2019/12/16/greenlight-networks-to-offer-internet-service-in-region/. 
  5. Mackie, Kyle S. (17 December 2019). "Flush with $100M investment, Greenlight Networks promises WNY faster, cheaper internet" (in en). https://news.wbfo.org/post/flush-100m-investment-greenlight-networks-promises-wny-faster-cheaper-internet. 
  6. "Rochester Philanthropist Tom Golisano Acquiring Greenlight Networks ·" (in en-US). 2018-04-21. https://stopthecap.com/2018/04/20/rochester-philanthropist-tom-golisano-acquiring-greenlight-networks/. 

External links

  • Official website



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Categories: [Fiber-optic communications] [Companies (Engineering)] [Companies]


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