Never Miss a Beat: Get a snapshot of the issues affecting the IT industry straight to your inbox.
What do government-subsidized broadband buildouts mean for enterprises seeking new and better infrastructure opportunities?
1 Min Read
Pixabay
Thanks to historic spending on broadband networks to service the un- and underserved, fiber providers have also attracted big money from investors and private equity firms—raising issues for enterprise IT.
Just last month, Boston-based Berkshire Partners, a diversified private equity firm, announced a sizable investment in Point Broadband Fiber Holding LLC. The Opelika, Ala. firm provides fiber-to-the-premise internet services to 75,000 homes and businesses in small towns and rural markets in nine states.
Point Broadband has previously attracted funding from GTCR, a private equity firm, which made a strategic investment in the business in 2021. Since then, the six-year-old carrier claims it added over 100,000 additional fiber passings and entered two new states.
Read more about:
Network ComputingAbout the Author(s)
You May Also Like
More Insights
Webinars
Editor's Choice
May 2, 2024
While there are plentiful options in cyber resiliency and business continuity tools and platforms, there isn’t one that can knock out everything from sudden cloud outages to prolonged ransomware attacks in a single punch. What can you do to keep the company on its feet no matter what is thrown at it? Find out in this new virtual event.
Reserve Your Seat Now