Backed by significant capital investment from
Post Road Group, Archtop's fiber expansion will begin in
New York's burgeoning Hudson
Valley to reach over 500,000 households and local
businesses
KINGSTON, N.Y., Aug. 16,
2022 /PRNewswire/ -- Archtop Fiber, a newly founded
provider of symmetrical multi-gig, fiber Internet and phone service
to residential and business customers in historically underserved
communities across the Northeast, today announces its leadership
team, initial market strategy and capital partnership. Archtop was
formed by a team of well-known industry thought leaders, former
colleagues and long-time friends. Their mission: to create a
world-class, multi-gig internet service provider that brings fast,
reliable, environmentally friendly and affordable Internet access
to underserved or overlooked markets over a 100%-fiber XGS PON
network.
Headquartered in Kingston, New
York, and founded by industry veterans with multiple
successes in developing broadband businesses, Archtop Fiber's
leadership team includes Jeff DeMond
as Chairman and CEO, Lenny Higgins
as President and COO, Shawn Beqaj as
Chief Development Officer and Diane
Quennoz as Chief Customer Officer.
Led by DeMond, Archtop was formed in partnership with Post Road
Group, a digital infrastructure and real estate investment
platform, which plans to invest up to $350
million in the company to accelerate fiber expansion
throughout the Hudson Valley and beyond to reach over 500,000 homes
and businesses across the region.
"I'm a serial entrepreneur with a history and passion for
undertaking things others won't and doing so with a deep compassion
for communities often overlooked by the telecom establishment,"
said DeMond. "Archtop will be the long-awaited 'shot in the arm'–
not just as the best broadband Internet service provider for homes
and local businesses, but as a true community member and
partner. We have always been an invested creator of jobs, a
catalyst for economic growth and a corporate partner with a passion
for 'leaning in' wherever needed."
To learn more about the company, our upcoming markets and
services, visit us at www.archtopfiber.com.
About Archtop Fiber
Archtop Fiber was founded with a commitment to bring the
fastest, most reliable, environmentally friendly and affordable
Internet access to those who have traditionally been underserved —
or even overlooked. The Archtop team has decades of success
partnering with communities, large and small, to create
technology-driven opportunities. With a fully-funded business
strategy, Archtop is dedicated to local investment. This ensures we
support customers with upgrades to existing infrastructure while
deploying the latest multi-gig, symmetrical, all-fiber network
technology to bring faster, more secure and scalable broadband
services to those that need them. Archtop Fiber is proudly invested
in empowering your day-to-day life, bringing the digital world to
your community and its businesses, schools, libraries, hospitals,
farms and community centers.
Archtop Fiber - Invested In You.
Media Contact for Archtop Fiber:
Jaymie Scotto & Associates
(JSA)
jsa_archtop@jsa.net
About Post Road Group
Post Road Group is a private investment firm specializing in
Telecommunications, Business Services, and Real Estate. Since its
founding in 2015, the firm has invested over $2 billion in private equity, corporate credit,
and real estate. Post Road Group has completed 18 transactions in
the Digital Infrastructure sector by partnering with best-in-class
management teams to identify, validate, and capitalize businesses
that can create long-term value through accelerated growth. Visit
www.postroadgroup.com to learn more.
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SOURCE Archtop Fiber