Ting Acquisition to Bring Fiber Network to Charlottesville

  • Blue Ridge InternetWorks
  • Ting
  • Tucows
CHARLOTTESVILLE, VA — Ting Fiber, a wholly owned subsidiary of Tucows, announced that it has entered into a definitive agreement to acquire 70 percent ownership of Blue Ridge InternetWorks (BRI), an independent Internet service provider in Charlottesville, Virginia. BRI provides high speed Internet access, Internet hosting and network consulting services to over 3,000 customers in Central Virginia. With this acquisition, Ting is expanding its business from mobile to fixed Internet access.

Ting disrupted the mobile industry with its launch in 2012, offering fair pricing, usable interfaces and no-hold, no-transfer live customer support. This acquisition signals an ambition to bring the same sort of sanity and innovation to the cable industry.

An Opportunity to Step Up to Gigabit Speeds
“The expansion from mobile to fixed access is almost obvious for us,” explained Tucows CEO Elliot Noss. “The only customers in the world more starved for great service and fair pricing than mobile phone customers are cable customers. They deserve that. But we have an opportunity with BRI in Charlottesville to offer even more than great service at a low price. The step up to gigabit, or ultra high-speed, access is profound. It can change the way people use and enjoy the Internet. It can help attract and grow businesses and transform a community.”

“There is a wonderful movement going on. Towns are excited about the potential of fiber and they are lobbying for it. So far, these build-outs have mostly been ‘side projects’ for industry giants. I think we can prove there is enough demand and profit to make it work absolutely anywhere and to attract and sustain smaller, more customer-focused providers like us. It’s an exciting experiment.”

Ting to Provide Capital and Technical Capabilities
Jeff Cornejo, co-founder of BRI, echoed this enthusiasm. “For almost 15 years, we have provided a wonderful, service-driven alternative to big guys like Comcast and CenturyLink. But to do what we want to do, to give Charlottesville the fastest, best Internet access in the country, we needed some more muscle. Ting gives us the capital and the technical capabilities we need without compromising our focus on customer relationships.”

Mr. Noss concluded, “For shareholders, this is a rare opportunity. In one deal, we get customers, revenue, prospects, infrastructure and a wealth of fiber expertise. We get an inside track on a game changing technology.”

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