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NorthState, Lumos Networks form new company with backing of EQT Infrastructure of Stockholm

NorthState, Lumos Networks form new company with backing of EQT Infrastructure of Stockholm
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North Carolina , United States , Karen Hoch , Daniel Finnegan , Diego Anderson , Nirav Shah , Lumos Networks , Cox Communications Of Atlanta , Managing Editor , Triad Business Journal , High Point , Cox Communications , North State , Main Street , Mendenhall Oaks , Marketing Karen Hoch ,

EQT Strengthens Commitment to Segra's Residential and SMB Business


Press release content from Business Wire. The AP news staff was not involved in its creation.
EQT Strengthens Commitment to Segra’s Residential and SMB Business
April 27, 2021 GMT
WAYNESBORO, Va. (BUSINESS WIRE) Apr 27, 2021
Segra’s residential and small-to-medium sized business (SMB) business, operating under the Lumos Networks and NorthState brands, today announced a strengthened commitment to its fiber-to-the-premise (FTTP) strategy. As part of the announced sale of Segra’s commercial business to Cox Communications, EQT Infrastructure will retain ownership of the Lumos Networks and NorthState operations and support it as a stand-alone company.
Diego Anderson, Senior Vice President and General Manager of the operations, will serve as Chief Executive Officer of the new company, leading a growing team of dedicated employees focused on serving existing customers while also capturing new market growth opportunities. The company plans to significantly accel ....

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