Antin Infrastructure Partners has agreed to invest in Empire Access and North Penn Telephone (together known as Empire), a fibre-to-the-premises (FTTP) ISP that serves New York and Pennsylvania. The Wagner family, which has controlled Empire since 1946, will retain an ownership stake in the company. Financial details of the transaction were not disclosed. The deal is expected to close in the second half of 2022, subject to obtaining customary regulatory approvals.
Founded in 1896 in Prattsburgh, New York, Empire offers fixed broadband, fixed voice and digital TV services over a network that spans 1,280 fibre route miles. The network connects 92,000 addresses and serves 24,000 subscriptions.
TeleGeography notes that Antin currently holds stakes in fibre ISPs in multiple countries, including CityFibre (UK), Eurofiber (Netherlands/Belgium), FirstLight Fiber (US) and Lyntia (Spain).