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Charlotte-based Ripple Fiber has completed its integration with HyperFiber, expanding into Arkansas, Colorado, and Florida.
Edited by Brad Randall, Broadband Communities
Charlotte-based Ripple Fiber has completed its integration with HyperFiber, formerly a fiber-focused, St. Louis-based ISP.
The completed integration, announced this week by Ripple Fiber, means HyperFiber’s customers in Arkansas, Colorado, and Florida are now served under the Ripple Fiber brand.
Dan Kennedy, the former CEO of HyperFiber, said the deal has brought enhanced capabilities and expanded service to HyperFiber’s loyal customers.
“Across the communities we serve, local partners and residents will now begin to see the Ripple Fiber brand featured on our vehicles, showcased at local events, and displayed at our offices,” Kennedy said, according to Ripple Fiber’s release.
The strategic merger, first announced back in June, aligns with Ripple Fiber’s ambitious plan to build 1.5 million new passings—locations where fiber is available to deploy—across 15 states within the next five years, according to Greg Wilson, the founder and CEO of Ripple Fiber.
“Standing as one of the fastest-growing independent fiber-to-the-home providers in the country, Ripple Fiber is proud to soon have operations from coast to coast, with this merger making a strong impact on our expansive growth,” Wilson said.
Supporting this expansion is also a recent substantial increase in Ripple Fiber’s financial capacity. The company secured a $350 million credit facility in May, as was reported by Broadband Communities at the time.
In line with its expansion plans, Ripple Fiber also recently acquired BridgeNET Fiber, a North Carolina-based network operator headquartered in Statesville.
The acquisition added approximately 18,000 passings to Ripple Fiber’s footprint, allowing for accelerated growth in the region, according to Ripple Fiber.
A staff writer used AI tools from Noah Wire Services to help generate this report.
