Varcomm Holdings, Inc. has agreed to acquire Sierra Telephone Company, Inc. and its operating affiliates, including Sierra Tel Internet, Sierra Tel Long Distance, and Sierra Tel Business Systems. Financial terms of the deal were not announced. The transaction is subject to approval by the California Public Utilities Commission and the Federal Communications Commission.
Varcomm Holdings, Inc., is a subsidiary of VSquared Holdings, Inc. Sierra Telephone currently serves customers across a 775-square-mile region in the Sierra Nevada mountains, including communities in eastern Madera and Mariposa counties.
Varcomm executives expect the merged company to provide stronger, expanded communications across the state of California. The company said that it is committed to reliable connectivity, local service, and long-term investment in network infrastructure.
“This agreement brings together two companies with deep roots in rural California and a shared vision for the future of broadband,” said Varcomm Holdings CEO and Chairman of the Board Eric Votaw about the acquisition of Sierra Telephone.
“By combining our experience, infrastructure, and local commitment, we are positioned to accelerate fiber deployment, enhance service quality, and expand access to high-speed, affordable broadband for the communities we serve.”
“This transition reflects our long-standing commitment to ensuring our customers continue to receive dependable, high-quality communications services,” said Walter Hansell of Sierra Tel Communications Group. “Through Varcomm, our legacy of serving mountain communities will be sustained while supporting future investment in network technology and resilience.”
Varcomm Holdings was among the state of California’s provisional awardees for the Broadband Equity, Access, and Deployment (BEAD) Program. They were provisionally awarded $23,076,128 to provide fiber and licensed fixed wireless.
