Xtreamair, an internet service business operating in western Iowa and headquartered in Cushing, Iowa, has been acquired Nextlink Internet.
Nextlink Internet is a rural-focused provider of high-speed broadband and voice services to residential, business, institutional and governmental customers in Texas, Oklahoma, Illinois, Iowa, Kansas, and Nebraska.
The acquisition is part of Nextlink’s expansion of broadband and voice services in small towns and rural markets across the Midwest.
“We are truly excited to have the team at Xtreamair join us in our expansion across Iowa,” said Bill Baker, CEO of Nextlink in an announcement. “They are a great fit with us in terms of their dedication to rural and small-town subscribers and the overall cultural fit between our organizations.”
Nextlink was relatively unknown until 2018, when it was one of the biggest winners in the Connect America Fund CAF II auction, which awarded the company $281 million in support to bring broadband to unserved rural areas of several states.
Since then, the company announced a partnership to help close the broadband gap and bring high-speed internet to hundreds of rural communities. The agreement was part of the Microsoft Airband Initiative, which is focused on addressing this national crisis, with the goal of extending broadband access to over 3 million unserved people in rural America by July 2022.
“Nextlink’s expertise and resources will be great for Iowa and our local communities,” said Bob Bendixen, founder Xtreamair. “Our customers will benefit from the expansion and upgrade of our networks, and we will be able to utilize the same staff that everyone has known for years while creating more jobs in western Iowa as Nextlink builds the team out with additional resources.”
The terms of the deal were not disclosed.