10/31/2024
Huge news! Wi-Fiber has secured $50 million in funding from Metropolitan Partners Group. This investment will empower us to significantly improve our internet services, support the rollout of advanced fiber infrastructure, and pursue more strategic acquisitions into new areas of Northern Utah and Southern Idaho.
Our CEO, Mike Crapse, stated, “This partnership preserves our majority ownership of our local company, allowing us to continue doing what’s best for our customers and have the funds to build better infrastructure. We look forward to continuing our Fixed Wireless Access buildouts to reach the rural areas with better services. With our anticipated partnership with the State of Utah for BEAD funds, our top priority is to expand internet access to underserved areas.”
“We are honored to support the Wi-Fiber team,” added Richard Lin, Managing Director at Metropolitan Partners Group, “we are impressed by their ability to offer quality broadband paired with exceptional customer service at affordable prices, and look forward to their next phase of growth.”
Stay tuned as we embark on this exciting journey to upgrade the internet experience of our local communities. Together, we’re building a brighter digital future for our community!