TruVista Telecommunications, a portfolio company of iCON Infrastructure Partners IV, has agreed to acquire Plant Telephone Company and Plant Telecommunications Sales & Services — together known as PlantTel.
PlantTel provides high-speed data, video, voice, and other communications services to its network of more than 1,500 fiber-route miles, in addition to its hybrid-fiber coaxial (HFC) cable and legacy copper network.
The company is nearing completion of a significant expansion of its fiber-to-the-premise (FTTP) network in rural markets. Under TruVista’s ownership, PlantTel will continue to expand in southern Georgia.
“The sale of PlantTel to TruVista and iCON represents the logical next step in the transformation of PlantTel into a regional fiber-based broadband solutions provider,” said Danny Sterling, president and CEO of PlantTel. “With TruVista’s resources, PlantTel will be well-positioned to continue to serve its existing markets while expa