financetom
Business
financetom
/
Business
/
Manulife, Midwest Fiber Networks Form Joint Venture
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Manulife, Midwest Fiber Networks Form Joint Venture
May 26, 2025 10:17 AM

10:14 AM EDT, 05/19/2025 (MT Newswires) -- Manulife (MFC) said Monday it has formed a joint venture with Midwest Fiber Networks called Lakefront Fiber.

Lakefront Fiber will serve hyperscale, carrier, and municipal customers using Midwest Fiber's fiber network, the company said.

Manulife said Lakefront Fiber has completed its first transaction by acquiring about 650 route miles of network assets in Illinois from Everstream.

Price: 31.95, Change: -0.05, Percent Change: -0.16

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Healwell AI to Raise $16 Million in Bought Deal Private Placement
Healwell AI to Raise $16 Million in Bought Deal Private Placement
May 6, 2024
08:41 AM EDT, 05/06/2024 (MT Newswires) -- Healwell AI (AIDX.TO), an AI and data science company, on Monday said it will raise $16 million in a bought deal private placement that will fund growth initiatives and provide general working capital. The company will issue 11.8 million units, at $1.35 each. Each unit will be comprised of one Class A subordinate...
Freshpet Unexpectedly Swings to First-Quarter Profit Amid Volume Gains, Lower Logistics Costs
Freshpet Unexpectedly Swings to First-Quarter Profit Amid Volume Gains, Lower Logistics Costs
May 6, 2024
08:42 AM EDT, 05/06/2024 (MT Newswires) -- Freshpet ( FRPT ) swung to a surprise first-quarter profit with sales increasing annually and topping market estimates, as the pet food company benefited from volume gains and lower logistics costs. The company posted net income of $0.37 a share for the March quarter, compared with a loss of $0.52 the year before....
EyePoint Pharmaceuticals Shares Fall After Diabetes Drug Fails to Meet Primary Endpoint
EyePoint Pharmaceuticals Shares Fall After Diabetes Drug Fails to Meet Primary Endpoint
May 6, 2024
08:42 AM EDT, 05/06/2024 (MT Newswires) -- EyePoint Pharmaceuticals ( EYPT ) shares fell more than 26% in premarket activity Monday after the company said a trial of its potential diabetes treatment Duravyu failed to meet the primary endpoint of improvement of at least two levels on the Diabetic Retinopathy Severity Scale as of week 36. Trading of the stock...
--Truist Adjusts Riley Exploration Permian's PT to $48 From $51 After Adjusting for Costs, Realizations; Keeps Buy Rating
--Truist Adjusts Riley Exploration Permian's PT to $48 From $51 After Adjusting for Costs, Realizations; Keeps Buy Rating
May 6, 2024
08:41 AM EDT, 05/06/2024 (MT Newswires) -- (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us) Price: 25.55, Change: +0.61, Percent Change: +2.45 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved