Ziply Fiber says that it has agreed to acquire Eastern Oregon Net (EONI), a provider of fiber broadband, fixed wireless and voice services to residential and commercial customers in Baker, Union and Wallowa counties in northeast Oregon.
The transaction must gain regulatory approvals. Ziply says that it expects to close the deal later this year. The purchase price or other terms of the deal were not disclosed.
The plan is to merge the companies’ network architecture to provide reliability and redundancy.
“Ziply Fiber is a Northwest company that’s here to simplify and elevate the connected lives of the people in the communities where we live and work. We believe that simple, easy access to fast and reliable internet is fundamentally important for families and businesses,” Ziply Fiber CEO Harold Zeitz said in a press release. “So, when we looked around the Northwest and saw what Jeff and Kelly had created at EONI, it was no surprise to us to learn that they also believe in ‘The Internet Done Right!’. Our values were aligned years before we chose to make our joining forces a reality.”
The acquisition is part of Ziply Fiber’s aggressive expansion strategy. The company says that it has committed to investing more than $500 million across its four-state footprint and that it has announced fiber construction projects for more than 80 towns since the summer of 2020.
Ziply Fiber announced service launches into 60 markets in January. At the high end, Ziply Fiber offers a symmetrical 5 Gbps tier ($300 per month) and a symmetrical 2 Gbps tier ($120 per month). The XGS-PON-based platform also supports 50 Mbps, 200 Mbps and 1 Gbps tiers. There are no data caps or contracts.
Ziply was formed when WaveDivision Capital purchased Frontier operations in Washington, Oregon, Idaho and Montana in 2020.