Nov 11, 2023 | Posted by Abdul-Rahman Oladimeji
Australian infrastructure investment firm Palisade Infrastructure this week completed the acquisition of 100 percent of the equity interests in Mashell, Ranier's parent company. Following this acquisition, Rainier Connect has been rebranded as Lightcurve with immediate effect.
Mike Reynolds, managing director for the Americas at Palisade Infrastructure, said, “The transaction represents our first step in the creation of a regional platform for fiber and high-speed broadband connectivity. We also recently announced a transaction to acquire the Washington properties of Consolidated Communications, furthering our commitment to Lightcurve as the trusted regional provider of broadband."
Reynolds added, "Our commitment to the community and customers will not only continue but will be stronger than ever. There’s a huge hole in the rural and under-resourced communities that needs to be filled with broadband and we are committed to closing the digital divide. We are dedicated to helping connect as many Americans to high-speed Internet as possible and create new opportunities in the communities we serve.”
