BOULDER, Colo. and JACKSON, Pass over., Nov. 5, 2025 /PRNewswire/ — Vero Fiber (“Vero”), a 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’ve entered right into a definitive merger word of honour for Vero to obtain TEC.
The purchase will beef up Vero’s ongoing means of partnering with FTTP suppliers that ship remarkable broadband provider to underserved and rural communities, complementing its tough natural expansion ways with strategic acquisitions. It is going to additionally prolong Vero’s footprint into the swiftly rising broadband markets of the Southeast, construction on TEC’s century-long legacy of offering worthy communications products and services to each residential and industry consumers.
“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 clean transition for staff and consumers. Vero emphasised its constancy to maintaining TEC’s client-focused tradition via maintaining the native management and devoted groups that experience made TEC a relied on supplier in its communities. Beneath Vero’s possession, TEC will achieve get right of entry to to expanded capital assets and a shared strategic optic that may boost up expansion and community enlargement around the Southeast.
Warehouse Side road Crew served as unique monetary consultant and Stinson LLP served as felony suggest to TEC in reference to this transaction, which is predicted to related within the first part of 2026, following of entirety of standard 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 corporations design, develop, and perform complex broadband networks throughout the US. Subsidized via VFN’s capital assets and long-term funding technique, Vero and its sister subsidiaries make bigger broadband get right of entry to in underserved and rural communities age supporting wholesale lightless fiber, endeavor connectivity, and turnkey development products and services national.
Vero Fiber makes a speciality of handing over fiber-to-the-premises (FTTP) products and services for residential and industry consumers right through 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 workplaces; 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 speedy, unswerving fiber broadband web and complex conversation products and services to properties, companies, and communities of all sizes right through Mississippi, Alabama, and Tennessee. With greater than 4,500 miles of fiber, TEC is construction the virtual infrastructure that powers on a regular basis time and drives economic expansion. Subsidized via greater than a century of invocation and people constancy, TEC is increasing its community to provide the underserved, departure disagree house left at the back of, age additionally handing over future-ready connectivity for higher markets, companies, and communities.
Ahead-Taking a look Statements
This shed might include forward-looking statements referring to Vero Fiber and TEC. Unedited effects might vary materially because of regulatory approvals, marketplace statuses, and alternative components.
SOURCE Vero Fiber Networks
