LiveOak Fiber secures $250 million in financing underwritten by J.P. Morgan to expand 100% fiber broadband network in Southeast United States

Jul 01, 2024•about 1 year ago

Amount Raised

$250 Million

Brunswick

Investors

J.P. Morgan

Description

LiveOak Fiber has announced the securing of $250 million in financing underwritten by J.P. Morgan. The funding will be utilized to supercharge the expansion of LiveOak’s 100% fiber broadband network to underserved communities in the Southeast United States. Since its founding in June 2022, LiveOak has grown into a regional network operator serving business and residential customers in Florida and Georgia.

Company Information

Company

LiveOak Fiber

Location

Brunswick, North Carolina, United States

About

LiveOak Fiber is building a world-class fiber network to deliver the fastest broadband internet to homes and businesses. The company is committed to investing in the communities they serve by delivering modern digital infrastructure needed to improve the quality of life and drive economic growth. Learn more about our investments in quality of life at www.liveoakfiber.com and follow us on LinkedIn, Twitter, and Facebook.

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