NEWS AND EVENTS
Mexcap Closes Equity Investment in and Recapitalization of InnerCity FiberNet
PRESS RELEASE UPDATED: MAR 20, 2020
DALLAS, March 20, 2020 (Newswire.com) - Mexcap LLC, an international investment firm providing private equity and technical expertise to communications companies located in the American Southwest and Mexico, today announced an equity investment in and recapitalization of InnerCity FiberNet, LLC (ICFN).
ICFN is a Dallas based fiber-optic infrastructure provider enabling high-speed, high-reliability, cost-effective connectivity solutions for enterprise business, education, data center, carrier, cloud and content companies over its proprietary metro fiber-optic network in Dallas-Ft. Worth (DFW). ICFN’s deep fiber-optic network in DFW provides metro ethernet, metro dark fiber, custom network solutions and fiber construction services.
Tom Spackman, Managing Director of Mexcap, will assume the role of Chairman of ICFN.
“ICFN has been methodically growing their deep fiber infrastructure in the greater Dallas area for over 20 years. Today, ICFN provides mission-critical fiber infrastructure for many of the area’s largest enterprises and carriers. I have lived in Dallas for over 30 years and am excited to join the ICFN team to assist and accelerate their continued success in serving the communication needs of enterprises and carriers in our vibrant community.”
LARGE TEXAS FINANCIAL INSTITUTION SELECTS ICFN
December 10, 2017: Dallas, TX. “ICFN was awarded the contract based on our ability to provide terrestrial, Fiber Optic Infrastructure Services, along with a rapid deployment schedule. Our dark fiber solution will assist in the deployment of a wide area network", said ICFN's General Manager, Chris Degelia.
ICFN PARTNERS WITH LONESTAR EDUCATION AND RESEARCH NETWORK TO RESTORE HOUSTON LOCAL TELEVISION BROADCAST AFTER HURRICANE HARVEY
September 2, 2017: Dallas, TX. ICFN and LEARN (Lonestar Education And Research Network) partnered to provide broadcast transport services for KHOU TV, in Houston, TX after Hurricane Harvey struck. LEARN’s Chief Technology Officer, Akbar Kara said “ICFN has an excellent reputation for delivering dark fiber service very quickly. ICFN was able to provide a dark fiber solution between the LEARN network and a local Dallas broadcast station in just under 48 hours of requesting'. Jason Pope, ICFN’s VP of Engineering and Operations said: “most anyone knows someone, or has family, or friends who were affected by this hurricane; when ICFN was asked if we could provide assistance to help restore a local news broadcast in Houston, we drew up a plan and executed".