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Rightfiber secures a $1.6 billion credit facility to support its growth and potential M&A activities. This financing marks a significant step in expanding fiber broadband access across 20 states.
RECENTLY ACQUIREDSep 10, 2026•about 3 hours ago
Amount Raised
$1.6 Billion
Round Type
Debt Financing
JonesboroEducation
Investors
Fifth Third Bank
Description
Rightfiber has successfully completed a $1.6 billion credit facility led by Fifth Third Bank. This funding will support the company's ongoing organic growth and potential mergers and acquisitions. As a newly formed company, Rightfiber aims to enhance its fiber broadband services. The combination of Ritter Communications and Great Plains Communications positions Rightfiber for significant expansion.
Company Information
Company
RightFiber
Location
Jonesboro, Arkansas, United States
About
Rustin Fiber Network is the fiber optic broadband network serving the City of Ruston. The network aims to provide top-tier fiber broadband to residential neighborhoods and business communities, positioning Ruston as a regional broadband leader and Gigabit City.
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