Michigan Broadband has started activating new customers on the Company’s state-of-the-art fiber network that passes more than 2,000 residential and business locations throughout the
In addition to offering broadband Internet speeds of 1 Gigabit per second and advanced voice technology, Michigan Broadband recently activated a proprietary TiVo-based video platform that offers 200+ channels on multiple devices. The Company plans to begin offering mobile phone service this summer as part of a complete communications bundle that will be deployed across northern
MachTen is in the early stages of making significant investments in its incumbent network and in strategic growth markets, funded in part by participation in Enhanced-ACAM and several RUS ReConnect America grants.
Fiber passings are on track to exceed 9,000 by the end of 2024, up from 1,500 at the start of 2023. The Company’s next project will bring fiber optic service to
For the first quarter of 2024, MachTen’s revenues were approximately
About
MachTen is a holding company for Michigan Broadband Services,
Contact: | |
Chief Executive Officer (914) 921-5193 | |
Source:
2024 GlobeNewswire, Inc., source