CONTERRA ANNOUNCES ACQUISITION OF TWO REGIONAL FIBER OPERATING COMPANIES

Combined Fiber Assets & Competitive Footprint Nearly Triple in Size

Charlotte, North Carolina—January 17, 2017:  Conterra Ultra Broadband Holdings, Inc. today announced the acquisition of two regional optical fiber-based broadband businesses in its two largest operating regions, exponentially expanding Conterra’s fiber footprint to more than 6,200 route miles and 355,000 fiber miles.  As a result of these transactions, Conterra now provides lit and dark fiber network services in seven primary states in the Southeast, Gulf Coast/Midwest and Western regions of the United States.   The company now serves more than 3,500 “On-Net” locations including more than 500 owned and operated communication towers that support school districts and wireless carriers from coast to coast. The combined fiber network infrastructure will also expand Conterra’s “Near-Net” customer opportunities by nearly 5,000 enterprises, multi-tenant buildings, State/local government agencies and additional wireless carrier towers.

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