American Broadband Makes Key Acquisitions

WAYNE – A local provider of broadband access in rural markets that are involved across the United States recently shared exciting news.

According to a release from the American Broadband Holding Company (“American Broadband” or “the Company”), they acquired two key executive appointments in late September to support American Broadband moving onto their next stage of growth.

Its acquisition of the fiber assets of BNT Broadband and WayneNet facilitates will assist with the expansion of its fiber-to-the-home build-out in Wayne, Nebraska.

The acquisition expands American Broadband’s fiber backbone offering that provides up to 1GB of high-speed internet services. The Company’s fiber-optic infrastructure build-out highlights its commitment to creating greater access to quality internet service that offers previously unrealized download and upload speeds – a critical need in rural communities.

In addition to the acquisition in Wayne, American Broadband announces that Tim Johnson has joined the management team as president and general manager for American Broadband, Nebraska. Johnson was previously responsible for Technology Procurement at T-Mobile, including strategic sourcing and supplier management for Sprint’s Wireless and Wireline Engineering organization. He also managed the Wholesale Operations for Sprint Nextel, where he oversaw the operational implementation of Sprint’s VoIP offering to strategic cable partners, which encompassed providing local and LD services in 38 markets that serve 5 million-plus subscribers.

In support of the BNT Broadband/WayneNet acquisition and future expansion efforts, Brett Stains has been promoted to the role of senior vice president of finance for American Broadband (ABB). Stains joined ABB in March 2014, and is responsible for accounting and finance, including financial reporting, tax and audit compliance, as well as planning and analysis. Prior to joining ABB, Stains worked at Global Industries where he was responsible for implementing and managing standard accounting systems, processes and reporting standards worldwide. Stains’ previous work in the telecom industry was as a financial analyst at US Unwired, where he focused on subscriber reporting, financial reporting, and profitability analytics.

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