PRIME FiBER Expands Wholesale Fiber Partnership with AT&T to Arizona
Rhea-AI Summary
PRIME FiBER has expanded its wholesale fiber partnership with AT&T (T) to include the Sun City area of Maricopa County and the City of Peoria, Arizona. This expansion follows their successful 2024 partnership in Florida markets including Naples, Bonita Springs, Golden Gate, and San Carlos Park.
PRIME FiBER, established in late 2023, operates as the wholesale open-access division of NOVOS FiBER and is backed by InLight Capital. The company aims to expand high-quality fiber infrastructure across communities, while supporting AT&T's converged growth strategy focused on expanding their fiber footprint.
Positive
- Geographic expansion into 2 new Arizona markets strengthens AT&T's fiber footprint
- Builds on successful existing partnership in Florida markets
- Supports AT&T's converged growth strategy
Negative
- None.
News Market Reaction
On the day this news was published, T declined 0.11%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
PRIME FiBER was established in late 2023 and operates as the wholesale open-access arm of NOVOS FiBER, a retail fiber-to-the-home (FTTH) company serving residents and small businesses. The business is backed by InLight Capital, a private investment firm based in
The news follows a public announcement by PRIME FiBER and AT&T in 2024 confirming a similar agreement in
Andrew Snead, CEO of PRIME FiBER, shared his excitement about the expansion: "We are thrilled to strengthen our relationship with AT&T by extending our reach into 2 new markets in the greater
Erin Scarborough, Senior Vice President of Consumer Product at AT&T added, "We remain highly committed to our converged growth strategy driven by expanding our leading fiber footprint and building on the positive momentum with PRIME FiBER in
For more information on partnership opportunities, please visit www.primefiberco.com.
About PRIME FiBER
PRIME FiBER is an open-access fiber-to-the-home (FTTH) infrastructure provider serving ISPs (Internet Service Providers), infrastructure consolidators and enterprises across the US. PRIME FiBER is funded by InLight Capital, a private investment firm based in
About AT&T
We help more than 100 million
About InLight Capital
InLight Capital, LLC ("InLight") is a private investment firm based in
Media Contact: Brittany Alia, brittany.alia@novosfiber.com
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SOURCE PRIME FiBER