In a massive stride towards bridging the societal digital divide, Surf Internet has announced a monumental milestone in its efforts to provide fiber-optic internet primarily to unserved and underserved rural communities. The innovative company recently celebrated its 100,000th home passing, a significant achievement in its quest to transform the rural connectivity landscape in the Great Lakes region.
Surf Internet Achieves 100,000 Mark in Rural Areas
Surf Internet has devoted a huge amount of time, energy, and costs to cross the middle and the last miles of rural fiber-optic networks. This dedication is particularly significant, given that the most rural homes cost multiple times more than those in denser regions. Surf’s CEO Gene Crusie stated, “We are honored to be on the front lines of transforming the rural landscape of the Great Lakes region.”
Strategic Partners and Financing Boost Surf’s Expansion
The successful expansion of Surf’s operations into challenging rural markets has not only been fuelled by Surf’s dedication but also by strategic partnerships, investment, and financing. The company has garnered investment and partnerships from private equity firms Post Road Group and Bain Capital. It also secured recent financing of $100 million from DigitalBridge Credit, allowing it to accelerate its expansion even further.
New Communities Benefit from Surf’s High-Speed Network
The most recent communities to tap into Surf’s high-speed fiber optic internet services include Knox and Gas City in Indiana, Dixon and Sterling in Illinois, and Byron Center in Michigan. These communities can now experience the remarkable improvements in work, study, and communication abilities that come with advanced internet technology.
In conclusion, Surf Internet’s milestone is proof of the company’s continued efforts to bridge the digital divide and bring reliable, high-speed internet to rural communities. By aligning with strategic partners and securing financing, Surf has managed to increase its footprint in underserved areas thereby enabling an improved digital highway for rural areas around the Great Lakes region.
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