Gateway Fiber and WANRack are set to merge, creating a larger fiber internet service provider aiming to operate across 25 states. This merger combines Gateway Fiber’s expertise in fiber-to-the-premises solutions with WANRack’s E-Rate program services targeted at school districts and libraries. The merger seeks to address the significant gap, where over half of U.S. households lack fiber connectivity. The transition is led by a combined executive team from both firms, suggesting an ambitious effort to enhance services and expand geographical reach beyond their current markets.
"Today, more than half of U.S. households don't have access to fiber internet, and many school districts lack sufficient bandwidth for their students," Chris Surdo - the CEO of the new company combining Gateway Fiber and WANRack - said in the announcement.
"As a unified organization, especially with WANRack's E-Rate offering, we have an exciting opportunity to expand our mission of serving customers and communities across our footprint."
Gateway Fiber's move outside of its home territory took a step last spring with the move into Northampton, Massachusetts. At the time, then CEO Heath Sellenriek told Telecompetitor that it was so interested in expanding geographically that it had a 'new markets' team.
The press release says that, together, Gateway Fiber and WANRack will offer a FTTX platform and operate across 25 states.
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