"The divestiture of our Enterprise segment provides strategic value to all our stakeholders and repositions our core operations for the next chapter of growth. Bank Street’s level of commitment to orchestrate a seamless, highly efficient process proved to be invaluable. Their team’s sector expertise and insights into interested counterparties catalyzed a successful outcome for everyone involved."

"This acquisition meaningfully advances Pilot's long-term strategy. Extenet has assembled a high-density fiber network, established enterprise and carrier relationships, and built a footprint that reaches all of the major carrier hotels. We see a clear path to providing additional value and an exceptional customer experience to our new and existing customers across a larger fiber footprint."