Great Plains Communications to Acquire InterCarrier Networks

 

  • Grain Management
  • Great Plains Communications
  • InterCarrier Networks

BLAIR, NE — Great Plains Communications, a privately-owned telecommunications provider in Nebraska and a Grain Management portfolio company, announced that it has entered into a definitive agreement to acquire InterCarrier Networks, a regional fiber optic carrier with a high-capacity network spanning Illinois, Indiana, the St. Louis metro area in Missouri, and Kentucky.          

Headquartered in St. Louis, Missouri, InterCarrier Networks provides critical bandwidth infrastructure solutions to telecommunications carriers and major enterprises in Midwestern markets where cost-effective bandwidth transport has traditionally been difficult to obtain. Its services are delivered over a high-quality, ring-structured fiber-optic network covering 2,037 route miles.

“This acquisition illustrates Grain’s differentiated ability to source unique market opportunities and apply our analytical, data-driven approach to value creation,” said Chad Crank, managing director at Grain. “By acquiring InterCarrier Networks, Great Plains Communications continues to scale, bringing the combined fiber network to over 11,500 route miles with enhanced capability to service wholesale, fiber-to-the-tower and enterprise customers. We are excited to continue our support of Todd Foje and Great Plains Communications’ management team as they expand their service area and accelerate growth.” The transaction is expected to close in the third quarter of 2019 following customary regulatory approvals. 

 

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