Greenlight Networks to Acquire Loop Internet
Greenlight Networks, a leading fiber-to-the-home internet provider, announced that it has entered into a definitive agreement to acquire the assets of Loop Internet, a locally-owned and operated fiber internet provider headquartered in Scranton, PA.
In April, Greenlight announced its expansion into Pennsylvania to build fiber internet networks in both the Northeast and South-Central regions of the state. The acquisition of Loop Internet will significantly expand Greenlight's presence in the Wilkes-Barre/Scranton area and accelerate the deployment of its state-of-the-art fiber network.
"We are thrilled at the prospect of welcoming Loop Internet, their associates, and customers to Greenlight Networks," said Mark Murphy, CEO of Greenlight Networks. "Loop's existing network footprint complements our current and planned service areas, and will provide a critical base of operations, in addition to key personnel and resources in the Scranton area. By joining forces, we can move faster into new markets, operate more efficiently, and deliver an exceptional customer experience to even more consumers."
Loop Internet was founded in 2015 in Wilkes-Barre, PA by an area resident frustrated by poor internet access within the community. Over the past decade the company has grown to provide fiber internet services in parts of Wilkes-Barre, Mountain Top, Scranton, and Kingston; with several neighboring communities under construction and coming online soon.
"We're proud of what we've built at Loop Internet, and this next chapter with Greenlight Networks is an exciting evolution of that journey, that enables us to accelerate our plans," said Chris Hacken, Founder of Loop Internet.
Loop Internet has earned a reputation for transparent pricing, responsive customer service, and local investment. "Joining forces with Greenlight Networks will help us bring fast, reliable internet to more communities," said Jason Wasmanski, General Manager of Loop Internet. "Greenlight shares our passion for exceptional service and commitment to building stronger neighborhoods through reliable, high-speed connectivity."
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