Verizon is buying rural wireless operator Bluegrass Cellular, which supplies service to about 210,000 prospects in 34 counties throughout central Kentucky.
Phrases of the deal weren’t disclosed; it’s anticipated to shut late this yr or early subsequent, pending Federal Communications Fee approval. Verizon mentioned that Bluegrass buyer don’t must take any motion right now and that they are going to obtain details about the acquisition and providers accessible from Verizon — together with wi-fi information providers on its LTE community.
“We’re excited to accumulate sure property of Bluegrass Mobile and develop our footprint in Kentucky,” mentioned Ronan Dunne, EVPt and Group CEO, Verizon Client Group, in an announcement. “We stay up for welcoming Bluegrass prospects and workers into the Verizon household and offering them with dependable wi-fi service alongside a best-in-class buyer expertise.”
“We launched the primary wi-fi firm in central Kentucky 29 years in the past,” mentioned Ron Smith, President of Bluegrass Mobile. “We’ve at all times recognized that our prospects had been crucial a part of our enterprise, and we pleasure ourselves on enjoying an necessary position in connecting our neighborhood. I’m assured that Verizon will proceed to be the identical good neighbor that we’ve been and can present essential and dependable wi-fi connectivity to our rural communities.”
The 2 community operators have a long-standing relationship; again in 2012, Bluegrass was one of the first rural carriers to launch LTE service utilizing a mixture of Verizon’s spectrum plus its personal community tools to be able to present rural LTE service as a part of Verizon’s LTE in Rural America program. That program noticed Verizon lease a few of its spectrum holdings in rural areas via 2029 to permit native suppliers to construct out LTE providers quicker; in trade, Verizon agreed to not construct out its community in these areas.