O2 Investment Partners announced that it has made a significant investment in unWired Broadband LLC, partnering with the company’s management team to support its rapid growth. Headquartered in Fresno, California, unWired is one of the largest fixed wireless internet service providers in the country.
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Peter Sorensen, President of unWired commented, “We continue to be excited about the next stage of growth with O2. We have built a tremendous team and we all remain committed to providing carrier-grade internet services to our growing and loyal customer base. We also have a strategic plan to expand our service offerings and geographic reach through targeted M&A and investments in our team. Our company is poised to scale, and we believe O2 is the right partner to help us achieve our goals.”
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Led by Peter Sorensen, Craig Demanty, Garrett Burbidge and John Weigand, unWired is a leading fixed wireless internet service provider located in Fresno, California. Covering over 14,000 square miles with a network of over 167 towers, the company provides internet services to over 22,000 customers in rural and underserved markets throughout the Central Valley, California.
Jimmy Frye, Senior Associate at O2, commented, “We are very excited to partner with Pete, Craig, Garrett, John and the rest of the unWired team. The fixed wireless market is going through rapid transformation due to the continued surge in demand for broadband internet services, especially in rural areas. unWired is uniquely positioned to serve these communities by offering a fast, cost-effective internet solution to locations where optical fiber and cable options are not available. Pete and the unWired team have built a great business, and we are eager to work together to execute our shared growth strategy.”
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