BOULDER, Colo. and JACKSON, Leave out., Nov. 5, 2025 /PRNewswire/ — Vero Fiber (“Vero”), a chief supplier of fiber-to-the-premise (FTTP) broadband networks around the western United States, and Phone Electronics Company (“TEC”), a premier fiber broadband supplier serving Mississippi, Alabama and Tennessee, these days introduced they have got entered right into a definitive merger word for Vero to obtain TEC.
The purchase will strengthen Vero’s ongoing means of partnering with chief FTTP suppliers that ship remarkable broadband carrier to underserved and rural communities, complementing its powerful natural expansion ways with strategic acquisitions. It’ll additionally lengthen Vero’s footprint into the hastily rising broadband markets of the Southeast, construction on TEC’s century-long legacy of offering valuable communications services and products to each residential and trade shoppers.
“With this acquisition, we will be taking an important step forward in Vero’s evolution and reaffirming our commitment to being a leader in the national fiber broadband market,” mentioned Matt Erickson, Chairman of Vero. “TEC has built an exceptional organization rooted in community, quality, and reliability. Their approach to network design, customer care, and disciplined growth mirrors our own, making TEC a natural extension of the Vero platform. Together, we’ll accelerate the delivery of world-class fiber networks to communities that deserve the same level of connectivity found in major metros.”
Joey F. Garner, CEO of TEC added, “This is an incredible opportunity for TEC, its communities, and employees. This merger will allow TEC to accelerate its growth strategies and continue enhancing the quality services that we offer today. Joining forces with Vero accentuates TEC’s commitment to serve our residential and business customers with excellent, dependable high-speed connectivity. I am encouraged and excited by these great prospects for the future.”
TEC will combine seamlessly with Vero’s operations, making sure a easy transition for staff and shoppers. Vero emphasised its constancy to retaining TEC’s client-focused tradition by means of maintaining the native management and devoted groups that experience made TEC a relied on supplier in its communities. Below Vero’s possession, TEC will acquire get right of entry to to expanded capital sources and a shared strategic optical that can boost up expansion and community enlargement around the Southeast.
Storagefacility Side road Team served as unique monetary consultant and Stinson LLP served as criminal recommend to TEC in reference to this transaction, which is anticipated to related within the first part of 2026, following crowning glory of commonplace regulatory approvals.
About Vero Broadband, LLC
Vero Broadband, LLC d/b/a Vero Fiber, a subsidiary of VFN Holdings, Inc. (“VFN”), is a part of a countrywide fiber infrastructure platform whose firms design, assemble, and function complex broadband networks throughout the USA. Subsidized by means of VFN’s capital sources and long-term funding technique, Vero and its sister subsidiaries extend broadband get right of entry to in underserved and rural communities hour supporting wholesale unlit fiber, endeavor connectivity, and turnkey development services and products national.
Vero Fiber makes a speciality of handing over fiber-to-the-premises (FTTP) services and products for residential and trade shoppers all over the western United States. The corporate’s footprint continues to develop via strategic acquisitions, public-private partnerships, and related collaboration with municipalities, utilities, and broadband places of work; serving to bridge the virtual divide and ship future-proof connectivity around the nation.
For more info, consult with www.verofiber.com
About TEC
TEC delivers rapid, unswerving fiber broadband web and complex communique services and products to houses, companies, and communities of all sizes all over Mississippi, Alabama, and Tennessee. With greater than 4,500 miles of fiber, TEC is construction the virtual infrastructure that powers on a regular basis pace and drives economic expansion. Subsidized by means of greater than a century of invocation and public constancy, TEC is increasing its community to handover the underserved, resignation disagree house left in the back of, hour additionally handing over future-ready connectivity for better markets, companies, and communities.
Ahead-Taking a look Statements
This drop might include forward-looking statements relating to Vero Fiber and TEC. Latest effects might range materially because of regulatory approvals, marketplace statuses, and alternative components.
SOURCE Vero Fiber Networks
