Vero Fiber, a subsidiary of Clearnetworx, has officially acquired fiber infrastructure from Ting across key portions of Montezuma and La Plata counties, Colorado, and San Juan County, New Mexico.
According to the company, the acquisition enhances Clearnetworx’s Four Corners region footprint while enhancing the company’s market position as a fiber provider across Western Colorado and the Southwest.
Clearnetworx expects the acquired infrastructure to enhance deployment efficiency, reduce build redundancy, and enable the company to expand its market reach.
“This acquisition significantly decreases our deployment timeline in the region,” Doug Seacat, Clearnetworx president, said in a prepared statement about the Vero Fiber acquisition of Ting assets.
“It allows us to streamline construction, minimize disruption for the community, and reach more customers faster. Our goal has always been to bring big-city fiber to small towns, with the resources of a well-funded company and the mindset of a local neighbor.”
The acquisition of Ting infrastructure continues Vero Fiber’s recent history of acquisitions.
In June, Vero Fiber announced it would acquire BendTel, Inc., a locally owned and operated broadband provider in Central Oregon, for an undisclosed price, in a transaction expected to close by the end of the year.
Vero Fiber said the BendTel acquisition was made to complement the company’s existing services in the central part of the state. BendTel owns and operates a fiber network that serves residential and commercial clients across the region.
Only three months earlier, Vero Fiber acquired Montana Digital LLC, which operates in Bigfork, Columbia Falls, Kalispell, and Whitefish, Montana.
Montana joins California, Colorado (where the Ting assets are based), and Texas as states in which Vero Fiber is active, according to the company’s website. All the Texas and California systems and some of those in Colorado are noted as being under construction. It is unclear if any or all of them currently serve subscribers.
