A Texas-based telecommunications company announced Tuesday that it has acquired three small internet providers based in Lancaster County.
Nextlink Internet said it bought Future Technologies of Lincoln, Affordable Internet Solutions of Waverly and Infinity 8 Broadband of Hickman. The companies’ service territories cover eastern Nebraska and western Iowa. Terms of the deals were not disclosed.
The three companies are all under the same ownership.
Future Technologies, which is based in the Sharp Building in downtown Lincoln, provides wireless internet to mostly rural communities including Wilber, Utica, Schuyler and Brainard.
Affordable Internet Solutions also provides wireless internet to an area outside of Lincoln that includes Fremont, David City, Seward, Crete, Hickman and Tecumseh.
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Infinity 8 offers broadband internet through fiber connections to homes and businesses in the Hickman area.
The companies hinted in a news release that the acquisition will lead to further expansion both Nebraska and Iowa.
"Our operations team is thrilled to combine forces with these organizations to support our rapid expansion in Nebraska and Iowa,†said Nextlink CEO Bill Baker. “We will begin working immediately to upgrade, expand, and build upon the network infrastructure that we’re acquiring today, aiming to complete this work in 2021.â€
Added Aaron Clark, vice president of Future Technologies: "We are excited to leverage our local leadership and staff, along with Nextlink’s considerable resources and support, to provide faster and more reliable broadband to even more communities in Nebraska and Iowa."
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