Great Plains Communications Secures $500 Million in Financing
Summary
Blair, Nebraska, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Great Plains Communications (GPC), a leading Midwestern telecommunications provider, announced today the successful closing of $500 million in financing to refinance debt and fund future capital expenditures and expansion. "This financing highlights the strength of our business model and our steadfast focus on delivering fast, reliable fiber solutions to our customers and communities," said Nick Wilkin, Chief Financial Officer of Great Plains Communications. "This capital infusion equips GPC to meet the growing demand for advanced fiber solutions across residential, business and wholesale markets while reaffirming the companys focus on customer-centric innovation. "Our fiber-forward strategy is designed to deliver sustainable growth while creating long-term value for our investors, customers and communities," said Todd Foje, CEO of Great Plains Communications. Leveraging over a century of experience, GPC delivers a comprehensive suite of fiber-based services including high-speed Internet, Managed Ethernet and custom connectivity solutions to residential and business customers in nearly 200 communities across Colorado, Iowa, Nebraska and Southeastern Indiana.GPC also partners with regional and national telecommunications carriers, LECs, ISPs, wireless carriers and other service providers to meet their unique connectivity needs.