Greenlight Networks to Acquire Loop Internet
Accelerates Fiber-to-the-Home Expansion across
In April, Greenlight announced its expansion into
"We are thrilled at the prospect of welcoming Loop Internet, their associates, and customers to Greenlight Networks," said
Loop Internet was founded in 2015 in
"We're proud of what we've built at Loop Internet, and this next chapter with Greenlight Networks is an exciting evolution of that journey, that enables us to accelerate our plans," said
Loop Internet has earned a reputation for transparent pricing, responsive customer service, and local investment.
"Joining forces with Greenlight Networks will help us bring fast, reliable internet to more communities," said
Greenlight will build on Loop's strong local expertise and infrastructure with capital investments in the region that are expected to lead to more local hiring initiatives, additional partnerships with local businesses and contractors, and enhanced community engagement efforts.
The transaction is expected to close later this year, pending regulatory approvals and customary closing conditions. Terms of the agreement were not disclosed.
About Loop Internet
Founded in 2015, Loop is a locally-owned and operated internet provider headquartered in
About Greenlight Networks
Greenlight Networks is an ultra-high-speed fiber Internet service provider offering residential and small business customers symmetrical connection speeds of up to 8 Gigabits per second. Founded in 2011, Greenlight builds, owns, and operates a state-of-the-art fiber-optic network that delivers fast, reliable internet connections. Today, Greenlight's network serves more than 225,000 homes and nearly 10,000 small businesses across 40 municipalities, with a strong presence across
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SOURCE Greenlight Networks
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