Broadband provider Fastwyre Broadband today announced it is expanding to new communities across Louisiana, Missouri and Nebraska.
Fastwyre Broadband is the combination of the former American Broadband, TelAlaska and Cameron Communications. The combined company provides internet, phone, and video to customers in Alaska, Louisiana, Missouri, Nebraska and Texas. It is a portfolio company of Chicago-based private equity firm Madison Dearborn Partners and Catania Capital Partners.
With its latest expansion, the company’s fiber network will deliver up to 1 Gbps of internet services for business and residential customers in DeRidder; Leesville and Oakdale, Louisiana; Knob Noster; La Monte; Nevada; Sedalia, and Warrensburg, Missouri, and Bellevue, Nebraska.
The nine new buildouts announced today widen Fastwyre’s footprint and further strengthen its future expansion capabilities, the company said.
In addition to today’s announced expansion, Fastwyre continues to build its customer base in Westlake, La., after announcing earlier this year an expansion of its high-speed, fiber-optic broadband network to serve the Southwest Louisiana community.
The company is also expanding via acquisition, last month entering into a definitive agreement to purchase Moundville Communications, Inc., a central Alabama telecom provider.
“These projects highlight Fastwyre’s growth trajectory and reinforce our commitment to expanding our fiber network and services to create greater access to high-quality internet service,” said Chris Eldredge, Fastwyre CEO, in a prepared statement. “ We are dedicated to a future of partnering with communities to provide affordable, accessible, fast and reliable internet in addition to best-in-class service to their residents and businesses.”
