Mega Broadband Investments has announced today that it will be uniting its portfolio of rural broadband companies, Eagle Broadband, Vyve Broadband, and Northland Communications under the Vyve Broadband name beginning in the spring of 2020. The unification and rebrand is part of the multi-million-dollar capital investment that is being made to upgrade the rural cable infrastructures to close the digital divide, boost data penetration and accommodate commercial growth.
Together, Eagle, Vyve and Northland serve areas of Alabama, Arkansas, California, Colorado, Georgia, Idaho, Kansas, Louisiana, Nebraska, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Washington and Wyoming. The unified brand will also launch gigabit broadband speeds across the 16-state footprint.
Vyve CEO Phil Spencer commented: ‘Bringing three amazing companies together as an entirely new company with a fibre-rich network is very exciting … Our overall company strategy is centred on providing advanced and reliable services to non-urban communities that other providers have overlooked and come together under one company name, Vyve Broadband.’
TeleGeography notes that Mega Broadband Investments was formed by private equity firm GTCR and Phil Spencer in October 2017. The investor completed the acquisition of Northland in October 2018, acquired the broadband assets of Eagle Communications in August 2019 and sealed the takeover of Vyve in November 2019.