Company News
A $578 million financing platform closed by Gateway Fiber will help the ISP strengthen capital structure and support continued network expansion, Gateway Fiber says.
By Brad Randall, Broadband Communities
October 30, 2026
Gateway Fiber is reporting strong interest from banks and institutional bond investors following the securement of a $578 million financing platform that combines Gateway Fiber’s inaugural $333 million asset-backed securitization with a $245 million development financing facility.
According to Gateway’s October 29 press release provided to Broadband Communities, the asset-backed securitization (ABS) is backed by a diversified portfolio of high-quality operating fiber and fixed wireless assets, including associated customer contracts and recurring revenues.
Gateway described the financing as a pivotal step forward in their mission of helping communities thrive through reliable, high-speed internet experiences.
“This capital provides the runway to accelerate our expansion, allowing for continued delivery of next-level connectivity for additional residents and businesses across the nation, all while maintaining a disciplined approach to our long-term growth,” said Craig Ceranna, the CFO for Gateway Fiber.
Chris Surdo, Gateway’s CEO, said the development “is a clear demonstration of confidence in Gateway’s operational strength and market momentum.”
“With services already active across six states, this capital allows us to accelerate network construction and bring our world-class fiber infrastructure to even more underserved communities,” Surdo said.
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