Intrepid Fiber Networks Secures $290 Million in Debt Financing to Support Nationwide Wholesale Open Access Fiber Broadband Service

Intrepid Fiber Networks Secures $290 Million in Debt Financing to Support Nationwide Wholesale Open Access Fiber Broadband Service

07/18/24, 12:15 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgcolorado
Money
$290 million
Industry
software
Type
partnership
Intrepid Fiber Networks has secured $290 million in debt financing to accelerate its growth and support its inaugural deployments in Colorado and Minnesota, providing symmetrical gigabit speed to meet end users’ broadband needs. The partnership with Société Générale as Structuring and Coordinating Advisor reinforces Intrepid's commitment to delivering future-proof fiber networks and expanding its open access model nationwide.

Company Info

Company
Network assets in Thornton and Greenwood Village
Location
colorado, united states
Additional Info
The network assets being acquired enable Intrepid Fiber to expand its services significantly. This acquisition will enhance connectivity in the local area. It will bring over 65,000 passings once the deployments are complete. The existing providers will continue to serve the residents during the transition.