"LiveOak Fiber has achieved rapid expansion in a short period of time. What differentiates LiveOak Fiber is our fiercely local operating model. We have full-time local teams on the ground delivering installation, support, and community engagement, and with this new funding, we are positioned to accelerate our build-out and continue gaining momentum across our footprint."
"We're proud of the platform we've built alongside LiveOak Fiber. This additional capital is a strong signal of confidence in the team and reinforces LiveOak as a fully integrated growth engine with substantial long-term value."
"LiveOak Fiber is being built to scale across every customer type, from single-family homes to businesses to multi-tenant communities. This investment enables us to continue to drive lasting value while consistently delivering a premium customer experience across our markets."
LiveOak Fiber has secured a $425 million credit facility to support its network expansion in the Southeast. This funding will enhance its all-fiber footprint and accelerate internet connectivity in existing and planned markets. The company emphasizes a local operating model with dedicated teams for installation and support. The investment aims to meet rising demand for reliable internet and is designed to serve various customer types, contributing to local economic vitality and improving quality of life in service areas.
Read at Telecompetitor
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