HUNTSVILLE, Alabama – (COMMERCIAL THREAD) –ADTRAN®, Inc., (NASDAQ: ADTN), the leading provider of fiber optic access and extension solutions, today announced its partnership with FiberRise and KGPCo to deliver utility-grade end-to-end broadband solutions and services. This partnership is the first of its kind to offer the expertise, workforce, products, automation software, support and supply chain capabilities in a turnkey program. Program participants are assured of receiving the support needed to finance, build and operate new fiber broadband systems in less than 10 months. This will allow power co-operatives, investor-owned utilities (IOUs), public utilities, and nationalized entities to increase customer growth and ARPU while reducing churn and spending. ‘exploitation.
This is a pivotal time for fiber optic broadband and electric utilities can play a vital role in connecting their communities. The recent passage of the US Infrastructure Investment and Jobs Act included a $ 65 billion broadband package. As electric utilities seek to become broadband providers, the partnership between ADTRAN, FiberRise and KGPCo provides dedicated levels of support for broadband and grid modernization efforts, and guides them on how to navigate. in new federal funding opportunities. While ADTRAN is the North American leader in providing multigigabit fiber access solutions, FiberRise has been the pioneer Utility grade broadband support, including business model development, feasibility studies, design, construction, installation and network operations. KGPCo offers advanced supply chain and distribution capabilities with a large inventory to accelerate delivery of network solutions.
Prentiss County Electric Power Association (PCEPA) is a Mississippi utility that was able to complete its high-speed construction in less than a year with the help of ADTRAN, FiberRise, and other ecosystem partners. “We were able to build a Gigabit broadband network throughout the Prentiss County Electric service area and parts of four adjacent counties,” said Ronny Rowland, CEO of PCEPA. “We have integrated more than 5,000 subscribers in one year and fiber optic broadband is now available to all homes and businesses served by PCEPA. ”
“The electricity utility has become a major key to solving a societal problem that has endured for decades: the digital divide. This partnership is focused on the mission to solve this problem, ”said Craig Stein, vice president of sales at ADTRAN. “Telecommunications and broadband expertise is the domain of ADTRAN, FiberRise and KGPCo, and together we will help these utilities build multigigabit fiber optic infrastructure to modernize their communications over the power grid and ensure fairness. broadband for their communities for generations. ”
“We exist to serve rural communities by working exclusively with electric co-ops to provide the expertise to lead them into the broadband industry,” said Tommy Harmon, CEO of FiberRise. “We are delighted to provide our expertise in in-house financing and design services with the proven, large-scale capabilities of ADTRAN and KGPCo to meet the technical, labor and material needs required by our clients. ”
“KGPCo is the largest provider of communications product and service distribution solutions in the United States and we carefully consider selecting the right partners to meet the unique needs of our customers,” said Peter Wraight, Director of strategy at KGPCo. “By partnering with ADTRAN and FiberRise, we are confident that our customers will benefit from the unparalleled support and differentiated solutions offered by these two leading companies. ”
For more information on ADTRAN’s utility-grade broadband solutions and partnerships, please visit adtran.com/utilities.
FiberRise, LLC enables electric utilities to implement and maintain fiber infrastructure with complete business visibility and simplicity in the provision of broadband services. FiberRise serves power co-ops and investor-owned utilities in the South and has a proven track record in winning state and federal grants for its customers, including the CAF, CAF II and Reconnect programs. FiberRise manages fiber projects from inception and construction through operation and maintenance with high quality service and support.
FiberRise focuses on quality of life by helping to make broadband affordable and accessible to everyone. For more information, please visit us at www.fiber-rise.com.
KGPCo is a key strategic partner for the world’s leading communications and technology companies creating the next generation of networks. By uniquely combining network services and supply chain solutions to create, optimize and maintain networks, the unmatched expertise of our team enables our clients to meet today’s challenges, implement tomorrow’s innovations and to build the future. KGPCo OneTouch ™ provides a single source for everything from design and architecture to production and procurement, installation and support. From ground to cloud, KGPCo is the only company in the industry to offer a full range of solutions and an integrated approach to building, optimizing and maintaining networks. To find out more visit KGPCo.com.
ADTRAN, Inc. is a leading global provider of open and disaggregated networking and communications solutions that enable voice, data, video, and Internet communications over any network infrastructure. From the cloud edge to the subscriber edge, ADTRAN enables communications service providers around the world to manage and scale the services that connect people, places and things. ADTRAN solutions are currently used by service providers, private companies, government organizations and millions of individual users around the world. Learn more about ADTRAN, LinkedIn and Twitter.