Vast Broadband Closes Acquisition of NTS

 

 

  • NTS COMMUNICATIONS
  • Vast Broadband

SIKESTON, MO. and LUBBOCK, TX — Vast Broadband, a provider of high-speed broadband, video, and voice services to over 55,000 residential and business customers in South Dakota and Minnesota markets, announced that it has completed its acquisition of NTS Communications (NTS), a regional broadband fiber company offering high-speed data, video, and voice services to over 20,000 residential and business customers in Texas and Louisiana. Oak Hill Capital Partners and Pamlico Capital  led a recapitalization of Vast and NTS to support the company's accelerated growth plans.

NTS operates a fiber network spanning over 2,700 owned route miles passing more than 60,000 homes and businesses in Texas markets of Lubbock, Amarillo, Abilene, and Wichita Falls, and select markets in Louisiana. The senior management team at Vast, led by CEO Jim Gleason, CFO Keith Davidson, and COO Larry Eby will join forces with local management at NTS to expand service offerings across the company's markets.

 

 

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