Vero Fiber Expands Its Reach with Acquisition of BendTel, Inc. A Strategic Move for Growth

Vero Fiber Strengthens Its Position by Acquiring BendTel, Inc.



In a strategic move that signifies its ongoing commitment to expanding fiber internet services, Vero Broadband, LLC—more widely recognized as Vero Fiber—has finalized the acquisition of BendTel, Inc. This significant development was recently confirmed following the receipt of regulatory approval from the Federal Communications Commission (FCC). This merger is not just a transactional milestone; it marks a pivotal point in the growth of Vero's telecommunications operations across Central Oregon.

BendTel has been a seasoned player in the Central Oregon telecommunications sector, building its reputation over the years by providing reliable connectivity for businesses and enterprises. The integration of BendTel into Vero Fiber allows Vero to assimilate not only BendTel’s established customer base but also its solid infrastructure and proficient team. This acquisition is anticipated to amplify Vero’s fiber internet capabilities, particularly in regions that are currently underserved, thus enhancing their service offerings.

Earlier this year, Vero initiated its rollout of Fiber-to-the-Home (FTTH) services within several neighborhoods in Bend, notably focusing on areas like Portland Avenue and River West. With the completion of the BendTel acquisition, Vero is now in an excellent position to extend its residential services into new communities including Old Bend and the Orchard District. This expansion is expected to bring high-speed gigabit fiber connectivity to thousands of additional homes, fundamentally changing the broadband landscape in these areas.

“We believe that finalizing this acquisition is a pivotal step in our expansion journey across Central Oregon,” stated Sunita Krishna, CEO of Vero Broadband. “BendTel has maintained a trusted relationship with its clients for over two decades, and we're excited to amalgamate their talented team and robust network as we strive to offer rapid and dependable fiber services with a local touch.”

The integration of BendTel’s capabilities is set to bolster Vero's infrastructure, enhancing its position as a leading fiber internet provider. Furthermore, Vero will continue to proactively invest in new fiber construction, ensuring that the integration of BendTel’s operations, customers, and local expertise is smooth and efficient.

Tom Barrett, CEO of BendTel, shared his enthusiasm regarding the merger, remarking, “For our customers and employees alike, joining forces with Vero made perfect sense as we look toward the future. Vero brings the necessary scale, resources, and unwavering dedication to our region, allowing our combined organization to expedite service provision and cater to a wider audience across Central Oregon.”

About Vero Fiber, LLC: Vero Fiber operates as the fiber-to-the-premises (FTTP) arm of VFN Holdings, Inc. The company is dedicated to augmenting high-speed broadband access within underserved communities. Apart from broadband services, Vero boasts a wholesale division focusing on the design, construction, and management of dark fiber infrastructure meant for hyperscale cloud providers, educational institutions under E-Rate, governmental agencies, and various enterprise solutions. Their comprehensive offerings also extend to providing internet services to multi-dwelling units (MDUs) while engaging in fiber construction services for both proprietary brands and third-party clients. Nationwide in its outreach, Vero's multifaceted portfolio incorporates Vero Fiber, Vero Networks, Clearnetworx, Deeply Digital, Glass Roots Construction, FastTrack Communications, and Nexgen Connected Communities.

As Vero Fiber immersed itself deeper into the telecommunications industry, it established clear goals: to foster community development and bring transformative changes to internet accessibility. The BendTel acquisition is the latest chapter in Vero's ongoing narrative of growth and innovation in Central Oregon's broadband deployment landscape. For further details regarding Vero Fiber, you may visit their website at www.verofiber.com.

Topics Telecommunications)

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