NRTC to acquire Missouri-based Pulse Broadband LLC
Herndon-based NRTC plans to acquire Pulse Broadband LLC.
Financial details of the transaction were not released.
NRTC, the National Rural Telecommunications Council, serves 1,500 electric and telephone members in 48 states.
NRTC said the deal will accelerate its efforts to provide a full range of technology solutions to its electric and telephone members in the areas of broadband and communications services.
“It takes multiple technologies to overcome the broadband and communications connectivity challenges in the more rural areas served by our members”, Tim Bryan, NRTC's CEO, said in statement. “Adding fiber to our portfolio of infrastructure services, including wireless and satellite, allows us to meet the broadest set of member needs. Working with Pulse over the past year, we have come to appreciate their deep knowledge, talent, and customer focus.”
Pulse is based in Chesterfield, Mo. Its entire staff is expected to remain after the acquisition. It offer a wide range of fiber services, including financial feasibility modeling, design and engineering, and construction management.
In addition, NRTC will provide its members with a full range of telecom services, including managed network services, ISP (internet service provider) support, video solutions and marketing.
“Many areas of this country still lack sufficient broadband, and we believe our electric and telephone members are best suited to deliver that vital connectivity,” Greg Santoro, NRTC's chief marketing and strategy officer, said in statement. “We want to help our existing broadband providers enhance their offering, through services like next-generation video, and we want to enable new fiber investments, especially those forged through electric-telco member partnerships, to reach into areas currently under-served.”
The transaction is expected to close in the next few weeks.
Pulse Broadband was founded in 2008 to bring fiber technology to underserved areas.