There was a bit of consolidation in the last mile yesterday in the northeast. Archtop Fiber says it has entered into a stock purchase agreement with Momentum Telecom to acquire Warwick Valley Telephone (WVT), continuing their regional expansion in upstate New York.
WVT is an RLEC based in Orange County NY along the border with northern New Jersey. Momentum acquired the business in the deal for Alteva in 2015. Momentum focuses on managed cloud communications services, and Archtop plans to leverage Momentum’s capabilities in the greenfield FTTH markets it is actively building out. As for WVT, Archtop plans to roll out FTTH across the company’s footprint.
