YOUR BUSINESS AUTHORITY
Springfield, MO
St. Louis-based Bluebird Network, which operates a data center in Springfield Underground, penned a deal to purchase network assets from a Monett company.
Bluebird entered an asset purchase agreement to buy the middle-mile fiber network assets from Missouri Telecom Inc. The financial terms of the deal, expected to close by year's end, were not disclosed in a news release.
"Our acquisition of Missouri Telecom’s middle-mile network assets allows Bluebird to expand and strengthen our network services, specifically for communities in southwest Missouri," said Michael Morey, President and CEO of Bluebird Network, in the release.
Bluebird's asset purchase agreement includes 40 route miles of fiber. The company is not buying MTI’s voice services.
“For 22 years, we have enjoyed working with and supporting our customers and communities,” said Kevin Wormington, owner and vice president of operations at MTI, in the release. “We are thrilled to have found a quality company with a strong customer service record like Bluebird Network to continue the great service our customers have come to expect.”
Bluebird Network operates two data centers and nearly 10,800 miles of fiber. Following the completion of its MTI deal, Bluebird will have added 155 route miles of fiber in the fourth quarter.
An Ozark resident is aiming to serve up retail sales with a focus on the rapidly growing sport of pickleball.
Billy Long faces scrutiny over recent donations
Curb Appeal: Nearly $4M residence among 27 listings in March
KC developer sentenced to prison for fraud
New Plaza Towers owner revives vision for landmark building
Columbia projected to spend 80% of cash reserves by 2031