Utah Broadband, A Subsidiary of Boston Omaha Corporation (NYSE: BOC) Acquires All the Internet Service Assets of Strawberry Communications

By: Boston Omaha Corporation via Business Wire

July 05, 2022 at 16:47 PM EDT

Utah Broadband ("UBB"), a majority owned subsidiary of Boston Omaha Corporation (NYSE: BOC), has completed the acquisition of Strawberry Communications' Internet Service business. This includes all fiber and wireless internet assets and subscriber agreements. While this acquisition is not material to BOC’s overall fiber business, it does expand UBB’s fiber infrastructure footprint making it one of the largest fiber providers in the Greater Park City Area and Heber Valley. Utah Broadband’s Founder and CEO Steven McGhie said, “We are excited to carry on Strawberry’s tradition of great service to its customers. Leveraging their fiber and wireless assets will complement our extensive network in these markets.”

About Strawberry Communications

Strawberry Communications was founded in 2014. Their integrity and personable service helped them maintain one of the best customer retention ratings in the industry. Jon Hagen of Strawberry Communications said, “Steven McGhie and I have been talking about this for several months and feel it will provide great synergy between our companies and a great opportunity to continue to deploy the latest technology to our customers.”

Adam Peterson, co-CEO of Boston Omaha, added, "The Strawberry Communications team has built robust networks capable of scaling within and outside of their current footprints. Additionally, their history of delighting customers by providing exceptional service made them a natural fit into our fiber-to-the-home strategy throughout western rural communities and beyond.”

About Utah Broadband

Utah Broadband has been one of Utah’s most trusted Internet Service Providers for over 20 years. UBB has engineered a carrier-class network with redundancy and reliability that is unparalleled. UBB’s Founder and CEO, Steven McGhie, built the company on their core values of respect, integrity, passion, and teamwork. UBB is currently deploying fiber and wireless service in seven counties along the Wasatch Front and Back portions of Utah. UBB strives to stand out from its competitors by providing exceptional friendly customer service and reliability.

About Boston Omaha

Boston Omaha Corporation is a public holding company with four majority owned businesses engaged in outdoor advertising, surety insurance, broadband telecommunications services, and asset management.

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