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FiberLight to Acquire MFN, Strengthens Direct Route to Virginia Beach Subsea Hub

FiberLight has agreed to acquire Metro Fiber Networks (MFN), a fiber infrastructure provider operating in Richmond and Virginia Beach, Virginia. The deal is expected to close in Q2 2025 following customary approvals. While financial terms were not disclosed, the acquisition significantly expands FiberLight’s footprint in Virginia and supports its planned extensions to Charlotte, Myrtle Beach, and Atlanta.

MFN operates a low-latency fiber route connecting the Virginia Beach cable landing station (CLS) to Richmond, crossing the York River and Hampton Harbor. The Virginia Beach CLS is a strategic interconnect point for subsea cables linking the U.S. with Europe and Latin America. MFN’s route provides the most direct path between the CLS and hyperscale data centers in Richmond, a key location for government and enterprise workloads.

Once integrated, MFN’s network will complement FiberLight’s existing infrastructure in Northern Virginia, allowing the company to offer diverse, high-speed connectivity paths for hyperscalers, government clients, and carriers. FiberLight is owned by Morrison, Australian Retirement Trust, and UBS Asset Management.

“This transaction marks a significant milestone for FiberLight as we expand our network to reach Virginia Beach, which hosts the largest defense installation outside of the Pentagon and the largest CLS in the US,” said FiberLight CEO Bill Major.

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