AFL adds services capabilities via ITC Service Group stake
AFL last week announced that it has acquired a majority stake in ITC Service Group for an undisclosed sum. As its name implies, Sacramento-based ITC offers managed services and workforce solutions. Affiliates of Moorgate Capital Partners, LLC and Tim Sauer will remain shareholders of ITC.
ITC, which employs 600 people across the U.S., will continue to operate under its current name. It has four business units that deliver planning design, construction, installation, and maintenance services for voice, data and video networks. The units include broadband services, including FTTH installation and repair, MDU installations and repair, drop placements, and dispatch services; outside plant services, including design, construction management, project management, program management, splicing, and testing; wireless services; and workforce offerings.
“Our investment in ITC will allow us to compete more effectively,” commented Joe Grech, president of AFL’s Network Services division. “As FTTH, 5G capabilities, and smart buildings continue to progress, we will be equipped to provide the best services available in the industry to our customers. We are confident that Jim Rush, ITC’s newly appointed president, brings to our combined customer base the operational excellence for which ITC is known.
“AFL and ITC Service Group are built on similar core values which include quality, collaboration, and integrity,” added Jody Gallagher, president and CEO of AFL. “The synergies created by this investment will drive growth and expand our client base across North America.”
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Stephen Hardy | Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.
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