OMAHA, Neb.–(BUSINESS WIRE)–Utah Broadband (“UBB”), a majority-owned subsidiary of Boston Omaha Corporation (NYSE: BOC), has completed the acquisition of the Internet services business of Strawberry Communications. This includes all fiber and wireless internet assets and subscription contracts. While this acquisition is not material to BOC’s overall fiber business, it expands UBB’s fiber infrastructure footprint, making it one of the largest fiber providers in the region. Greater Park City and Heber Valley. Utah Broadband Founder and CEO Steven McGhie said, “We are delighted to continue Strawberry’s tradition of excellent customer service. Leveraging their fiber and wireless assets will complement our extensive network in these markets.
About Strawberry Communications
Strawberry Communications was founded in 2014. Their integrity and personal service have helped them maintain one of the highest customer retention rates in the industry. Jon Hagen of Strawberry Communications said, “Steven McGhie and I have been talking about this for several months and believe it will provide great synergy between our businesses and a great opportunity to continue to deploy the latest technologies for our customers.”
Adam Peterson, co-CEO of Boston Omaha, added, “The Strawberry Communications team has built robust networks capable of scaling in and out of their current footprints. Additionally, their history of delighting customers by providing exceptional service has made them a natural part of our fiber-to-the-home strategy in rural communities across the West and beyond.
About Utah Broadband
Utah Broadband has been one of Utah’s most trusted internet service providers for over 20 years. UBB has designed a carrier-grade network with unmatched redundancy and reliability. UBB founder and CEO Steven McGhie built the company on his core values of respect, integrity, passion and teamwork. UBB is currently deploying fiber and wireless services in seven counties along the Wasatch Front and Back portions of Utah. UBB strives to set itself apart from its competitors by providing exceptional friendly customer service and reliability.
About Boston Omaha
Boston Omaha Corporation is a public holding company with four majority-owned businesses engaged in outdoor advertising, bond insurance, broadband telecommunications services and asset management.
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements to encourage companies to provide forward-looking information about their businesses. Forward-looking statements include statements regarding future plans, objectives, goals, strategies, events or performance, as well as underlying assumptions and other statements, that are other than statements of historical fact. The Company wishes to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and includes this disclaimer as part of such safe harbor legislation. The words “believe”, “anticipate”, “intend”, “estimate”, “anticipate”, “project”, “plan”, “potential”, “may”, “should”, “expect to”, “pending” and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are based on various assumptions, many of which are based, in turn, on other assumptions, including, without limitation, our management’s review of operating trends history, data in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because they are inherently subject to important uncertainties and contingencies which are difficult or impossible to predict and which are beyond our control, we cannot guarantee that we will meet or realize those expectations, beliefs or projections.
Steven McGhie – CEO, Utah Broadband