Bank Street served as exclusive financial advisor to Boldyn Networks in connection with the company's definitive agreement to sell its New York-New Jersey commercial fiber network assets to Pilot Fiber
Industry
Bandwidth Infrastructure
Sub Sector
Commercial
Service
M&A Advisory
Transaction Date
October 2026
View Related Press Release
"This strategic relationship with Pilot gives our fiber customers access to a larger network across New York and New Jersey, while allowing us to sharpen our focus on what we do best: deploying wireless infrastructure that keeps people connected where it matters most. We will continue accelerating our wireless connectivity solutions throughout the region, which includes connectivity at public transportation hubs, government facilities, in-building and large venues and outdoor small cells."
Christos Karmis
Global Chief Executive Officer
Boldyn Networks
"This acquisition unlocks a new level of scale for us. Boldyn's network reaches deep into the five boroughs to the border of Nassau County, and throughout northern and central Jersey, with strong carrier and enterprise relationships already in place. Now we get to bring the same customer-first experience that's defined Pilot from day one to businesses across a much larger part of the region."
Joe Fasone
Chief Executive Officer
Pilot Fiber
"The greater New York City market is one of the most important business markets in the world and this investment creates a premier fiber platform with the assets, talent and operating model to capitalize on growing demand. Pilot has built a leading enterprise fiber business, while Boldyn has assembled a high-quality fiber network that is difficult to replicate. Together, they create a compelling platform for growth. We are excited to partner with Joe and his team as they continue to expand and serve customers across the market."