ISP Rise Broadband, which operates across 16 U.S. states, has been acquired by private equity group GI Partners and plans to expand its FWA and fiber-based services under the new ownership.
Rise, which serves primarily rural communities, says it is the largest privately-held fixed wireless ISP in the U.S. The company has consistently been named to CNET’s list of best rural broadband providers in recent years; it reportedly covers around 6% of the U.S. population. Rise serves portions of most of the Midwestern, Central and Western U.S., with its most extensive footprints in Colorado, Idaho, Iowa, Illinois, Nevada, Nebraska, Texas and Utah.