In a deal involving Ohio service providers, NKTelco has acquired Hometown Cable. The deal includes more than 6,000 addresses in and around the communities of Coldwater, St. Henry and Montezuma, as well as fixed wireless access assets serving Mercer, Auglaize, Miami and Darke counties.
Former Hometown Cable customers will be supported by NKTelco’s fiber ring, which offers status monitoring and continuity services. They also will have access to the Flight Data packages and multi-gigabit broadband, NKTelco says. All customers will get access to NKT.tv, a streaming service that will provide local scholastic sports on an on-demand basis.
Details about the acquisition such as price paid were not revealed.
On the business side, NKTelco will offer managed services, phone services and off-site data center and security services.
“NKTelco has extensive experience working with communities of this size,” NKTelco General Manager Preston Meyer said in a press release. “Our excellent local customer service combined with our everyday low pricing will help us attract new customers.
“Our existing customers will see value added to their service as we continue to roll out new products and services. We have worked side by side with the Hometown team for years and welcome them to the NKTelco family. Effective immediately, all employees are part of NKTelco.”
NKTelco focuses on west central Ohio. Its service area includes New Knoxville, New Bremen, Minster, Ft. Loramie, Botkins, Anna, Maria Stein, Chickasaw, Osgood, Russia, Jackson Center, Sidney, Piqua, Versailles, Coldwater, St. Henry and Montezuma.
Schurz Communications acquired NKTelco in August, 2021. As part of the deal, Schurz also acquired NKTelco’s 4.5% investment in Com Net, a communications company in Ohio.
Both companies have been around: NKTelco traces its roots back to 1905. Schurz Communication is even older: It was formed in 1872, less than a decade after the end of the Civil War.
In mid-December, NKTelco expanded its multi-gigabit FTTP network in Piqua.