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FinanceBain Capital leads $1.5B investment in Eaton Fiber to accelerate Verizon fiber broadband expansion
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Bain Capital is leading a $1.5 billion capital infusion into Eaton Fiber, a fiber infrastructure platform. The investment is specifically aimed at accelerating the expansion of Verizon's fiber broadband network across the United States. The deal highlights growing private equity interest in telecommunications infrastructure, particularly fiber-optic networks, which are critical for high-speed internet and 5G backhaul. The funding will support the buildout of fiber-to-the-home and other broadband services, enhancing connectivity in underserved and competitive markets. The announcement was first reported by PE Hub, a private equity news outlet.
Source report
The capital infusion will be used to accelerate the expansion of Verizon fiber broadband across the United States.
This article originally appeared on PE Hub.
Source
PE HubWestern
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Bain Capital Leads $1.5 Billion Investment in Fiber Infrastructure Platform Eaton Fiber