Jonesboro, AR – JonesboroRightNow.com – Grain Management, a private investment firm focused on digital infrastructure and communications, has announced plans to combine two portfolio companies — Jonesboro-based Ritter Communications and Blair, NE-based Great Plains Communications — under one new organization and brand: Rightfiber.
The strategic combination brings together two telecommunications providers with over 100 years of history each, along with their commitment to expanding high-quality fiber connectivity, investing in local communities, and delivering exceptional customer experiences.
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Heath Simpson, current CEO of Ritter Communications, will serve as CEO of the combined company, and Todd Foje, current CEO of Great Plains Communications, will serve as Executive Chairman.
“Ritter and Great Plains share a deep commitment to customers, communities, and our amazing employees,” said Heath Simpson, incoming CEO. “By coming together as Rightfiber, we are building on the strengths of both organizations to create new opportunities for growth while continuing to deliver the fast, reliable services and local relationships our customers value”.
Grain has supported the growth of both companies through long-term investment in fiber infrastructure, operational expansion, and broadband accessibility.
“Ritter Communications and Great Plains Communications share remarkably similar values, cultures, and commitments to the communities they serve,” said Todd Foje, executive chairman. “Together, Rightfiber will combine deep local relationships with expanded capabilities and investment to accelerate growth and continue bringing advanced fiber connectivity to underserved communities”.
The combined company will:
- Serve more than 400 communities with a network spanning 20 states
- Connect 300,000 homes and businesses across its 28,000-mile regional fiber network
- Continue to drive significant revenue and EBITDA growth through organic expansion and M&A
- Create one of the largest privately held telecommunications platforms in the US
Rightfiber will continue to operate with a strong local focus while leveraging expanded scale, resources, and infrastructure investments to support future growth. For additional updates and information, visit Rightfiber.com/stronger.
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