Intrepid Fiber Networks Raises $290 Million to Fund its Commitment to Provide Nationwide Wholesale Open Access Fiber Broadband Service
“Securing this new credit facility accelerates our growth across the entire build plan. We have already achieved tremendous success constructing our networks and onboarding subscribers through our partners,” said Jack Waters, Chief Executive Officer of Intrepid. “This exciting step forward reinforces our commitment to delivering future-proof fiber networks that provide symmetrical gigabit speed to meet our end users’ broadband needs, while providing customers more options in choosing their preferred Internet Service Provider.”
Intrepid expects continued growth across its announced markets and is evaluating new market deployments, with a vision to bring an open access network to premises across the nation.
About Intrepid:
Founded in 2021, Intrepid Fiber is a pioneering Fiber-to-the-Premises platform championing a Wholesale Open Access Model. Intrepid’s mission is to deliver world-class fiber to communities throughout
To learn more, please visit intrepidfiber.com.
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Brookfield Asset Management (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with over
Brookfield Infrastructure
Brookfield operates Brookfield Infrastructure Partners (NYSE: BIP, TSX: BIP), a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across
Forward-Looking Statements
Certain statements contained herein or made by management constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements reflect our current expectations about our plans and future performance and speak only as of the date of this press release. We do not undertake to update these statements. Our expectations (or the underlying assumptions) may change or not be realized, and you should not unduly rely on forward-looking statements.
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Shane Peverill
VP, Business Development
shane.peverill@intrepidfiber.com
Source: Intrepid Fiber Networks