Transaction accomplished on November 30, 2022 will present the chance to offer extra product choices to present Ohio Telecom prospects and speed up broadband availability in new markets for Omni Fiber.
CINCINNATI, December 1, 2022 /PRNewswire/ — Omni Fiber, a fiber-to-the-premises (FTTP) supplier dedicated to offering high-speed Web entry to underserved markets within the Midwest, has acquired Port Clinton primarily based in Ohio Telecom, Inc. to speed up its development.
“Omni Fiber appears ahead to leveraging the experience of the Ohio Telecom workforce as we increase our state-of-the-art fiber community throughout Northern Ohio,” mentioned Darrick Zuco, CEO of Omni Fiber. “We look ahead to constructing on Ohio Telecom’s spectacular 20-year historical past and welcoming its staff and prospects to the Omni Fiber household.”
Current Ohio Telecom markets, together with Port Clinton and Port of oak will turn out to be eligible for quicker speeds (2Gbps) as soon as community growth is full, whereas Omni Fiber will even speed up deliberate growth into surrounding communities, together with Sandusky, Township of Perkinsand Fremont. Present Ohio Telecom enterprise and institutional prospects in a number of markets will even be eligible to improve to Omni’s 100% fiber community to extend product choices and enhance efficiency. Enlargement of the mixed community will start in early 2023 and proceed all year long.
Michel Christiansenfounder and chairman of Ohio Telecom, will assume an operational management position inside the mixed firm, and based on Christiansen, “All Ohio Telecom staff will stay to assist present and future prospects. I’m excited to accomplice with Omni Fiber and its skilled administration workforce We’re proud to accomplice with one other native Ohio firm dedicated to investing in our communities and look ahead to what we will accomplish collectively. Based on the Ohio Telecom spokesperson Ron Miller“This transaction will enable the corporate to develop quicker and enhance the companies supplied to valued Ohio Telecom prospects. It is a win-win scenario for present and future prospects.”
Millitzer Capital, a media and broadband M&A agency, represented Ohio Telecom within the transaction. Tom Millitzer mentioned: “It is an incredible match. It rapidly expands Omni’s footprint, accelerates growth all through Northern Ohioand supply enhanced companies to Ohio Telecom prospects.”
Building of Omni Fiber’s 100% fiber community in Sandusky, Township of Perkinsand Fremont will begin in early 2023, and those that wish to be among the many first to profit from the Omni Fiber service can place a no-obligation pre-order on www.omnifibre.com or by calling 844-844-OMNI (6664). Beforehand introduced Ohio communities whose development has been accomplished or already underway embody Good view, Clyde, Dover, Huron, Shelbyand Lunch.
About Omni Fiber
Based in 2022 and backed by one of many largest funding companies within the telecommunications trade and led by a administration workforce with over 100 years of mixed trade expertise, OhioHeadquartered in Omni Fiber, Omni Fiber supplies 100% fiber optic broadband Web, tv and phone companies to residential and enterprise prospects within the Midwestern United States. Omni Fiber gives symmetrical speeds of as much as 2Gbps, no hidden costs, no knowledge caps, premium Wi-Fi included, native customer support and aggressive pricing. For extra info, please go to www.omnifibre.com.
About Ohio Telecom
Based in 2002, Ohio Telecom supplies Web, telephone techniques and telephone connectivity for residential and enterprise prospects. Ohio Telecom at present supplies companies to lots of the largest companies, authorities, medical and monetary establishments in Northwest Ohio. Based mostly at Port Clinton, Ohioprimarily serves space code 419, which incorporates Toledo, Bowling inexperienced, Sandusky, bryan, Fremont, Port Clinton, Maumee, Problem, Ashland, norwalk, Lunch and Napoleon.
About Millitzer Capital
Based in 1994, Millitzer capital is a mergers and acquisitions agency specializing in cable tv, telecommunications, broadband, webhosting and knowledge facilities. Millitzer Capital has accomplished over 400 assignments.
Omni Fiber Media Contact:
John Barnes ([email protected])
SOURCE Omni Fiber
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