PhireLink has announced its acquisition of Arkwest Communications, expanding its reach into the Arkansas market. This acquisition allows PhireLink to leverage Arkwest’s established fiber network, which spans over 900 route miles and offers high-speed broadband services. Glen F. Post III, PhireLink’s chairman and CEO, emphasized the strategic significance of this move for the company’s growth in rural broadband expansion. The acquisition, with undisclosed terms, is expected to finalize in the second quarter of the year amid ongoing discussions regarding the Broadband Equity, Access, and Deployment (BEAD) Program that may affect future funding and applications across multiple states.
This acquisition marks a key milestone in our growth journey as we enter the Arkansas market, and I am pleased to partner with a company led by the Sanders family whom I have known and respected for many years.
Arkwest's extensive, fiber-based network, strong financial profile, experienced employee base, and deep community ties formed over several generations of local family ownership, make it the ideal launching point for PhireLink's planned rural-based, broadband expansion strategy across central and broader Arkansas.
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