Rightfiber buys Fastwyre's Nebraska operations across 26 communities
What's the deal? RightfiberDealroom has a profile for this one. Try Dealroom → has completed its acquisition of Fastwyre BroadbandDealroom has a profile for this one. Try Dealroom →'s Nebraska operations, adding customers and network infrastructure across 26 communities. The deal value was undisclosed.
Who are they? Rightfiber was formed this year through the combination of Great Plains CommunicationsDealroom has a profile for this one. Try Dealroom → and Ritter CommunicationsDealroom has a profile for this one. Try Dealroom →. It now serves customers across 20 states with more than 28,000 route miles of fiber and over 300,000 Fiber-to-the-Home (FTTH) passings.
Why now? Great Plains Communications announced the FastwyreDealroom has a profile for this one. Try Dealroom → deal in May, before its combination with Ritter formally created Rightfiber. The acquisition extends the company's footprint across Nebraska towns including Bellevue, Blair, Fremont and Wayne.
What's the endgame? The deal is an early example of the "build and buy" approach Rightfiber has outlined. In September, chief executive officer Heath Simpson told Light ReadingDealroom has a profile for this one. Try Dealroom → that the company plans to combine network expansion with M&A, focused on fiber providers and FTTH-centric assets in adjacent markets.
What changes for customers? Integration has begun, with customers receiving information about products, services and billing during the transition.
The signal: The transaction tests how quickly the newly combined operator can absorb acquired assets while continuing to build its own fiber network. For now, it deepens a Nebraska presence that Great Plains Communications has held for more than 115 years.
Read more: telecomreseller.com
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