Ziply Fiber today continued its recent aggressive acquisition activity by agreeing to acquire Ptera, Inc., a fiber internet and fixed wireless internet provider serving four counties across Eastern Washington and Northern Idaho, in a deal expected to close later this year, pending regulatory approval.
The acquisition is Ziply’s fourth since June of last year.
Liberty Lake, WA -based, Ptera serves more than 4,000 customers in the cities of Airway Heights, Cheney, Liberty Lake, Medical Lake, Otis Orchards and more. All Ptera employees will join the Ziply Fiber team as part of the acquisition.
Ptera customers will not see any immediate changes to their service or working relationships, though they will have expanded customer service capabilities and access to new products such as SD-WAN and improved network management capabilities once the deal closes, according to a press release.
“Ziply Fiber has committed to invest hundreds of millions of dollars to build an advanced, 100-percent fiber network to both suburban and rural communities across the Northwest that have been underserved when it comes to internet access,” the press release says. “The company has been actively building fiber across the Northwest since June 2020 and has plans to build and deploy new fiber-optic cables, local hubs, new offices, and new hardware to run the network as part of hundreds of additional projects across its 250,000-square-mile footprint.”
Earlier this year, Ziply Fiber expanded partnership with GTT Communications, Inc. to establish a new Point of Presence (PoP) to serve the fast-growing data center market in Portland, OR.
Earlier acquisitions include iFIBER and Eastern Oregon Net.
“Both Ptera and Ziply Fiber were born here in the Northwest, and both of our companies have been focused on a similar mission to connect communities that have been underserved when it comes to reliable, high-speed internet,” Harold Zeitz, CEO of Ziply Fiber, said in a prepared statement. “We look forward to having the Ptera employees join the Ziply Fiber team and continue the work underway to expand their fiber network to reach more addresses in the region.”
