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Archtop Fiber Finalizes Purchase of New York-based GTel

Archtop Fiber has closed its deal to acquire Germantown, New York-based GTel, which provides voice, video and Internet services. 

The sale means Archtop, a provider of multi-gig, 100%-fiber Internet and phone service to residential and business customers across the Northeast, will provide telecommunications services in more than five townships in New York’s southern Columbia County. 

“We’re thrilled to have completed this process and officially bring GTel into the Archtop Fiber family. We can now begin to fully integrate our operations and move forward together with the GTel team,” said Jeff DeMond, Chairman and CEO of Archtop Fiber. “We are grateful to the Bohnsack family for entrusting the Archtop team with this tremendous asset and would like to thank Bruce Bohnsack, in particular, for his exceptional work and unwavering dedication to the community and to the industry. He has demonstrated tremendous leadership and dogged determination to drive innovation and growth throughout his career. GTel’s success, of course, would not have been possible without the backing of its loyal, tenacious staff, who have consistently delivered exceptional service to customers on a day-to-day basis while also seeing the big-picture vision to fruition as the company has evolved.”

Purchasing GTel is part of Archtop Fiber’s overall strategy as it seeks to connect underserved communities in New York’s Hudson Valley and beyond. Acquisitions are pending for Archtop to purchase Hancock Telephone Company, a family-owned telecommunications provider based in Hancock, New York, as well as New York-based Warwick Valley Telephone Co.

To read the full announcement, click here

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