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Midwest Merger: Horizon Continues Acquisition Spree

Horizon just announced another acquisition to expand its Midwest fiber footprint and better meet the needs of its growing customer base. The company just acquired Consolidated Cooperative’s commercial fiber business, which adds 450 miles of fiber into Horizon’s existing Columbus network and extends it north through Delaware, Marion and Richland counties. The deal will allow Consolidated to keep and grow its residential internet, electric and gas services in service of its 18,000+ consumers in Central Ohio. 

“Horizon remains committed to expanding its network capabilities and geographic reach in order to continue meeting the evolving communications and connectivity needs of businesses and communities throughout the Midwest,” says James Capuano, Chief Executive Officer of Horizon. “Consolidated’s proven ability to deliver ​​ultra-high-speed broadband internet and data services with high levels of performance, availability, flexibility and redundancy affirms that these infrastructure assets will deliver exactly the next-gen capabilities organizations are looking for. We’re excited to supplement our existing capabilities and make this mutually beneficial step toward a more connected future.”  

“At this juncture, we determined that the best path forward for Consolidated, our members, and our communities is to focus on growing our electric, gas and residential fiber internet services. Selling our commercial fiber business to Horizon will allow us to do that, and we know Horizon will continue to provide outstanding service to commercial organizations in our region.” 

Consolidated’s current commercial fiber customers will not see any interruption in their service. Horizon will continue to serve customers according to their contracts.

Read the full press release here

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