Astatine Investment Partners has acquired the Kansas City assets of Consolidated Communications establishing a new Fiber-to-the-Premises platform Everfast Fiber Networks
Industry
Communications
Transaction Date
01/12/2022
“We’re pleased to have closed on the Kansas asset sale which results in a greater focus on our core regions as we utilize the proceeds to support our fiber expansion plans. With strong liquidity and no debt maturities until 2027, we are on a path to upgrade 1.6 million total passings to fiber as we simplify our business and focus on our fiber-first strategy.”
Bob UdellPresident & Chief Executive Officer

Consolidated Communications

“We are excited about empowering an experienced management team and dedicated employees to deliver broadband and network solutions to residential, commercial and carrier customers in Kansas City. Our mission is to deliver first class service to customers through a locally headquartered and operated company by investing in people, systems and service.”
Jim MetcalfeManaging Partner

Astatine Investment Partners