Archtop Fiber, a Northeast broadband provider, has acquired GTel, a family-owned service provider based in Germantown, New York. Through this acquisition, Archtop Fiber will provide broadband services in more than five townships across New York’s southern Columbia County.
GTel itself has been aggressively extending its service footprint.
As a recipient of three New NY Broadband Program grants, GTel expanded its network to cover over 5,000 individual locations, almost tripling its legacy footprint. Now, GTel’s network includes over 300 miles of fiber-optic cabling across its territory. The business has grown from only two telephones in 1905 to more than 2,500 customers.
“We’re thrilled to have completed this process and officially bring GTel into the Archtop Fiber family. We can now begin to fully integrate our operations and move forward with the GTel team,” said Jeff DeMond, Chairman and CEO of Archtop Fiber. “We are grateful to the Bohnsack family for entrusting the Archtop team with this tremendous asset. We want to thank Bruce Bohnsack, particularly, for his exceptional work and unwavering dedication to the community and the industry.”
The GTel acquisition is part of Archtop Fiber’s broader plan to provide broadband to underserved communities in New York’s Hudson Valley and beyond with fiber multi-gig Internet.
Acquisitions have been a crucial part of Archtop’s expansion strategy.
In January, Archtop announced plans to acquire Hancock Telephone Company, a family-owned telecommunications provider based in Hancock, New York. Later in May, Archtop signed a stock purchase agreement with Momentum Telecom, a managed cloud communications service provider, to acquire New York-based Warwick Valley Telephone Co. Both deals are pending regulatory approvals.
Sean Buckley
Sean is responsible for establishing and executing the editorial strategies of Lightwave and Broadband Technology Report across their websites, email newsletters, events, and other information products.