This acquisition represents a key milestone in IQ Fiber’s growth journey and is supported by additional equity funding from SDC Capital Partners.
In November last year, the 100% fibre-optic internet provider announced it had entered into a definitive agreement to acquire the Maryland-based fibre-optic internet company.
As a result of the acquisition, Dee Anna Sobczak, CEO and co-founder of ThinkBig Networks, will transition to the role of senior VP of the Chesapeake Region at IQ Fiber.
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Meanwhile, ThinkBig will operate under the IQ Fiber brand starting in 2025.
IQ Fiber, Ted Schremp, said: “ThinkBig Networks has done an impressive job deploying its modern, 100% fibre-optic network in Maryland.
“We look forward to bringing competition, choice and a streamlined customer experience to even more communities as we leverage the collective strengths of the IQ Fiber and ThinkBig teams.”
ThinkBig Networks, CEO and co-founder, Dee Anna Sobczak, added: “ThinkBig Networks is a natural fit to join IQ Fiber.
“We look forward to leveraging the strength and resources of the IQ Fiber brand to further accelerate our network deployment.”
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