Omni Fiber gets $200M in financing from three investors
Omni Fiber secured $200 million—$150 million debt and $50 million equity—to accelerate deployment of its XGS-PON fiber network across the Midwest and Texas.
CityFibre's new "multi-gig" broadband product, utilizing XGS-PON technology, offers ISPs the ability to provide speeds of 5.5Gbps, double the current offering.