O2 Investment Partners, a Midwestern based private equity firm, last week announced that it has made a significant investment in unWired Broadband, one of the largest fixed wireless internet service providers in the US.
Led by Peter Sorensen, Craig Demanty, Garrett Burbidge and John Weigand, unWired is a leading fixed wireless internet service provider located in Fresno, California. Covering over 14,000 square miles with a network of over 167 towers, the company provides internet services to over 22,000 customers in rural and underserved markets throughout the Central Valley, California.
Headquartered in Fresno, California, unWired Broadband is a leading fixed wireless internet service provider. Covering over 14,000 square miles with a network of over 167 towers, the company provides internet service to over 22,000 customers. unWired broadcasts internet signal from towers that are strategically located to cover rural and underserved areas. Using a small radio and antenna placed near the customer’s building or home, unWired delivers fast, reliable wireless internet with guaranteed speeds to almost any location in the Central Valley.
Peter Sorensen, President of unWired
We continue to be excited about the next stage of growth with O2. We have built a tremendous team and we all remain committed to providing carrier-grade internet services to our growing and loyal customer base. We also have a strategic plan to expand our service offerings and geographic reach through targeted M&A and investments in our team.
Jimmy Frye, Senior Associate at O2
The fixed wireless market is going through rapid transformation due to the continued surge in demand for broadband internet services, especially in rural areas. unWired is uniquely positioned to serve these communities by offering a fast, cost-effective internet solution to locations where optical fiber and cable options are not available.
