Amount Raised
$600 Million
Description
altafiber announced today that it has raised $600 million in new funding to support the continued construction of the Company’s fiber networks throughout incumbent and expansion markets in Ohio, Kentucky, Indiana, and Hawaii. In addition to continuing to upgrade its current footprint, these new funds will enable altafiber to expand its opportunistic edge-out and community partnership strategy, delivering on its mission to provide individuals and businesses with the fastest, most reliable, future-proof fiber network while maintaining its commitment to the communities it serves.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech