Ripple Fiber Agrees to Acquire BridgeNET Fiber, Strengthening its North Carolina Footprint

Ripple Fiber, a fiber optic network builder and operator headquartered in Charlotte (NC), will acquire BridgeNET Fiber. Ripple Fiber is partnering with BridgeNET’s ownership team to expand the network throughout Statesville (NC), where the provider is headquartered. BridgeNET will continue to operate the market and will be empowered with the capital and a toolset to support rapid expansion. This transaction embodies a new approach to augment Ripple Fiber’s expansion strategy, creating partnerships with entrepreneurs and network owner-operators across the country that intentionally mirror Ripple Fiber’s ethos. As the only 100 percent fiber internet provider in Statesville, BridgeNET positioned itself as a local player that puts the community’s needs first, introducing residents to future-ready infrastructure. Now fully supported with the capital and corporate oversight from Ripple Fiber, the projected fiber footprint for the City of Statesville is 18,000 passings. Ripple Fiber has acquired the BridgeNET assets and employed the BridgeNET team. Previously serving as Founder and President of BridgeNET, Taylor Brown is now the Managing Director of Ripple Fiber’s Statesville network.