Mojave County – Global investment firm with $12 billion in assets based in Kingman to extend high-speed fiber broadband service to underserved or underserved communities in Arizona We partner with telecommunications companies. News of May 15 His release details Searchlight Capital Partners LP’s investment in Wecom.
“This investment in local businesses, supported by a minority stake by Simple Broadband LLC, is expected to benefit hundreds of thousands of households and businesses and create hundreds of new jobs statewide. ‘ said the news release.
Last July, Wycombe was awarded a $10 million Arizona Broadband Development Grant to bring fast, reliable, and affordable broadband service to rural Mojave County. Another grant from the U.S. Department of Agriculture and investment by Searchlight will help bring fiber optic service to hundreds of homes in Hualapai Nation.
“Our new partnership with Searchlight supports our mission to provide high-speed broadband access to communities throughout Arizona,” said Paul Fleming, CEO of Wycombe. “This will benefit everyone from rural to urban residents, including Native American communities…Wecom creates local jobs, buys materials from local vendors, and helps local utilities. We will work with partners, all of which will help the economy across the state.”
Mojave County Superintendent Gene Bishop said many residents would benefit from the upgraded telecommunications services. “Mojave County is leading the state in providing broadband internet to rural residents, and our partnership with Wycombe is making that happen,” Bishop said.
Darren Glatt, partner and head of digital infrastructure at Searchlight, said expanding high-speed internet service is important for residents of rural Arizona.
“Wecom’s long track record of providing reliable, best-in-class services to Arizona’s communities for more than 60 years makes it the perfect partner to help bridge the digital divide in the state,” Gratt said. said. Working with established carriers like these to bring the connectivity rural areas need and the benefits it brings to students, small businesses and the community at large. “
