LiveOak Fiber has secured new funding through a partnership with InfraRed Capital Partners and MEAG to enhance high-speed broadband in underserved southeast US markets.
With over 50% of its planned network builds in Northwest Florida completed, LiveOak has invested over $200 million to construct more than 1,000 miles of fiber.
CEO Jody Craft stated, 'We're not just building infrastructure; we're investing in the future of these communities across the region to enable economic growth and enhance the quality of life.'
The recent $250 million financing from J.P. Morgan, combined with this new investment, positions LiveOak to accelerate its expansion and reach more customers.
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