A Significant Move in the ISP Landscape
EarthLink, a leading internet service provider known for its expansive reach across homes and small businesses, has announced its acquisition of One Ring Networks, one of the largest Fixed Wireless providers of voice and data services in the U.S. This acquisition is set to bolster EarthLink’s capabilities and offerings, particularly in the realm of high-speed business internet.
The Powerhouses Behind the Deal
The acquisition was announced by Trive Capital, a Dallas, TX-based private equity firm. EarthLink, a Trive portfolio company, has been a dominant force in the ISP landscape, delivering access to more homes and small businesses than any other ISP.
Expanding Horizons with One Ring Networks
One Ring Networks holds a significant market share in several states, including Arizona, California, Georgia, Maryland, and Texas. Their specialty lies in delivering high-speed, fixed wireless internet service and other communication services to both businesses and consumers. This acquisition, which was finalized on June 30, 2023, is expected to enhance EarthLink’s business platform capabilities and expand its portfolio of products and services.
Leadership Insights: A Vision for the Future
John Jenkins, previously the President of One Ring Networks, will now take on the role of President of EarthLink Business Services. Glenn Goad, CEO of EarthLink, expressed his enthusiasm about the partnership with One Ring. He emphasized the growth opportunity in the high-speed business internet market and highlighted the advances in Fixed Wireless Access (FWA) technology that will benefit customers.
John Jenkins, in his new role, shared the strategic vision of EarthLink and One Ring, emphasizing their commitment to expanding the leading platform in the industry. He highlighted the potential for growth both organically and through future acquisitions across the U.S.
A Glimpse into EarthLink and One Ring Networks
- EarthLink: Founded in 1994 and headquartered in Atlanta, GA, EarthLink has been a top U.S. internet provider, offering high-speed internet access, premium email, web hosting, and other services to approximately 750,000 customers throughout the United States.
- One Ring Networks: Established in 2010, One Ring Networks has grown from a regional alternative access carrier to a large Tier 2 carrier with a national backbone. With its headquarters in Athens, TX, One Ring Networks offers a range of services, including fixed wireless, fiber internet, 4G LTE wireless, and hosted PBX.
Conclusion: A Bright Future for Connectivity
The acquisition of One Ring Networks by EarthLink marks a significant step in enhancing connectivity solutions for businesses and consumers alike. With the combined expertise and resources of both companies, customers can look forward to more robust, reliable, and high-speed internet services in the days to come.
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