Qwest Communications completed the acquisition of privately-held OnFiber Communications for $107 million in cash. The deal was announced in May.
The addition of OnFiber, with its system of network facilities, will allow Qwest to expand its participation in the enterprise market by delivering data products to businesses in 23 metropolitan areas outside the Qwest 14-state local service territory.
“Throughout the closing period we focused on ensuring a smooth transition for OnFiber’s customers, most of whom are large businesses and government clients,” said Tom Richards, executive vice president, business markets group for Qwest.