Apollo Global to invest $200m in FirstDigital Telecom.

Apollo Global Management agreed to invest $200m in FirstDigital Telecom, a fiber-based carrier services provider. “FirstDigital is a leading fiber operator in the southwest region, and we’re excited to leverage our telecoms infrastructure expertise and capital to help the company grow. This investment provides FirstDigital with greater financial flexibility and strategic advice to bolster their position within the dynamic and competitive telecommunications industry, especially at a time where bridging the national digital divide is more important than ever. We look forward to supporting Wesley and his team, helping fuel the Company’s long-term growth plans," Dylan Foo, Apollo Senior Partner and Co-Head of Infrastructure.