Missouri-based Chariton Valley Communications has confirmed speculation suggesting that it is planning to sell its mobile assets to Verizon Wireless – its long-standing ‘LTE In Rural America Programme’ partner. The telco’s cellular network spans 73 towers across twelve counties.
Chariton Valley CEO Kirby Underberg told the media: ‘Entering this agreement will best serve our wireless customers in the long-term. Chariton Valley looks forward to continued fibre growth providing services to unserved and underserved areas. This broadens the path to a bright future for Chariton Valley and aligns with our vision to enhance opportunities for rural communities.’
According to Fierce Wireless, AT&T Communications and UScellular are also expected to scoop up surplus spectrum blocks as part of Chariton’s exit from the mobile space. Chariton will focus on its fibre business, which currently serves 12,000 subscriptions via 3,000 miles of infrastructure.