Lightower Splits Fiber from Wireless
Last year Boxborough, MA-based National Grid Wireless changed its name to Lightower, reflecting the company’s purchase by M/C Venture Partners and Wachovia Capital Partners. Now it’s going through another transition, splitting its wireless-infrastructure and digital-fiber-optics businesses into two separate entities, Lightower Wireless and Lightower Fiber. Lightower said in an announcement today that demand for its wireless communications towers is growing much faster than demand for its dark fiber network, and that the company needed to bring in a seasoned leader to focus on reviving the fiber business. That person will be Rob Shanahan, co-founder and former CEO of Conversent Communication. Doug Wiest will continue as CEO of Lightower Wireless.