Ziply® Fiber announced an agreement to acquire Ptera, a fiber optic Internet and fixed wireless Internet provider serving four counties in eastern Washington and northern Idaho.
The acquisition, Ziply’s fourth since June 2022, is scheduled to close later this year, pending regulatory approval. Founded in 2001 and headquartered in Liberty Lake, Washington, Ptera serves more than 4,000 customers in Airway Heights, Cheney, Liberty Lake, Medical Lake, Otis Orchards, and more. As part of the acquisition, all Ptera employees will join the Ziply Fiber team.
Current Ptera customers will not immediately see any changes to their services or working relationships. Once the acquisition is officially closed (which may take several months), customers will benefit from expanded customer service capabilities and access to new offerings such as SD-WAN and improved network management capabilities.
Ziply Fiber has committed hundreds of millions of dollars to build an advanced 100% fiber optic network for suburban and rural communities in the Northwest Territories that are underserved in terms of Internet access. The company has been actively building fiber in the Northwest Territories since June 2020, and plans to build and deploy new fiber optic cables, local hubs, new offices, and new hardware to run the network as part of its 250,000-square-mile footprint.
Harold Zeitz, CEO, Ziply Fiber
Both Ptera and Ziply Fiber were born in the American Northwest, and our two companies have remained focused on a similar mission of connecting communities that are underserved by reliable, high-speed Internet. We look forward to Ptera employees joining the Ziply Fiber team and continuing the ongoing work to expand their fiber network to cover more addresses in the region.
Steven Wilson, CEO of Ptera
Ptera has been a family business for over 20 years and I am very proud of the work our team has done to earn the trust and support of our customers in the Inland North West. I’m excited for the next chapter of the company and our future with Ziply Fiber.