(Orlando, FL) December 4, 2017 – Summit Broadband and the City of Leesburg have entered into an agreement under which the telecommunications company will purchase the assets of the City of Leesburg (FL)’s Communications Utility.
Leesburg’s Commissioners unanimously approved the agreement, which is expected to close in January. The deal includes all the Communications Utility’s fiber infrastructure assets and customer accounts. The transaction will bring a substantial amount of cash to the City, allowing Leesburg to continue its investments in public capital improvements throughout the community. The City will retain access to the fiber-optic connectivity comprising its existing enterprise network over which the vast majority of the City’s operations run.
““The City has done business with Summit Broadband for several years, both as a customer and as a wholesale communications service provider,” said Al Minner, Leesburg’s City Manager. “We selected them to purchase our network because they are a well-established telecommunications service provider with more than 20 years’ experience and are a local company based in Central Florida. Additionally, they offer the same product suite as the City does so customers will experience a smooth transition as Summit Broadband integrates our network into its Central Florida footprint.”
“We are excited to add Leesburg’s fiber assets to our robust fiber-optic network in the region,” stated Mark Lipford, Chief Operating Officer at Summit Broadband. “Customers will continue to receive the high-quality service they have come to expect from the City of Leesburg, while
getting the opportunity to explore additional solutions and services to enhance their telecommunications package further.”
Leesburg is a progressive city of more than 21,000 residents in northwest Lake County. The city government serves twice as many people with its electric, gas, water, wastewater and fiber-optic public utilities. Leesburg also is a central hub for commerce, attracting 50,000 people to work each weekday. For more information, visit www.leesburgflorida.gov.
Summit Broadband is a leading fiber-optics telecommunications provider in Central and Southwest Florida. We provide voice, video, data, and high-speed internet services to commercial and residential customers, as well as ethernet and dark fiber transport to enterprise and carrier customers. Providing a superior customer service experience since 1994, we own and operate our own fiber-optic networks, with a reach of more than 800 fiber route miles, serving multiple industries and communities throughout our territory. For more information, visit our website at www.summit-broadband.com.