American Marconi Wireless News - Mereo Networks Acquires DISH Fiber and Rebrands as Mereo Fiber

As part of this growth milestone, Mereo Networks will rebrand to Mereo Fiber, aligning its identity more closely with its mission of delivering high-performance fiber connectivity as the critical infrastructure backbone for communities nationwide.

This strategic acquisition accelerates Mereo Fiber's expansion plans and further positions the company as a leader in the bulk connectivity market with over 80,000 residential units served. With DISH Fiber's scaled geographic reach and exclusive bulk services portfolio, Mereo Fiber is positioned to meet the increasing demand for ultra-fast, property-wide internet and technology solutions as it increases its footprint to 37 states.

"The acquisition of DISH Fiber represents a transformational milestone for our business," said Matt Ostrega, CEO of Mereo Fiber. "DISH Fiber is highly complementary to Mereo and allows us to pair their impressive scale with our industry-leading customer service model. Our combined capabilities position Mereo Fiber to set a new bar for what communities should expect from a connectivity partner - performance, reliability, and personal service at every touchpoint."

"We are excited to support Mereo Fiber as it continues its rapid expansion in the bulk fiber market," said Sam Southall, Managing Director, Infrastructure and Energy Capital at Macquarie Capital. "The acquisition of DISH Fiber meaningfully increases scale and reach in some of the fastest-growing markets in the U.S., positioning Mereo Fiber as a clear leader in next-generation community connectivity."

Customers, property owners, and partners of both companies can expect a seamless transition and a greater focus on delivering cutting-edge fiber solutions to high-density communities.

Financial terms of the transaction were not disclosed. Macquarie Capital led a growth investment in Mereo Networks in November 2023 alongside WaveDivision Capital and Freedom 3 Capital.

Morrison Foerster LLP served as legal counsel to Mereo Fiber in connection with the transaction.

About Mereo Fiber
Headquartered in Phoenix, AZ, Mereo Fiber (formerly Mereo Networks) delivers a flexible suite of technology services to high-density residential communities, including data, fiber-based infrastructure, integration, and content. With more than 55,000 connected residents, the company is one of the largest bulk service providers with strategic partnerships in 23 states across the U.S.

For more information, please visit mereofiber.com

Media Contact:
Ryan Barbuto
Chief Commercial Officer
[email protected]
(801) 478-7200

SOURCE: Mereo Fiber

View the original press release on ACCESS Newswire

C.Garcia--AMWN