Archtop Fiber Press Release

Archtop Fiber Closes Acquisition of New York-Based Hancock Telephone Company

Archtop Fiber Closes Acquisition of New York-Based Hancock Telephone Company 970 300 WVT Fiber

Kingston, New York, October 2, 2023Archtop Fiber, a provider of multi-gig, 100%-fiber Internet and phone service to residential and business customers across the Northeast, has closed its acquisition of Hancock Telephone Company, a family-owned telecommunications provider based in Hancock, New York. Through this acquisition, Archtop Fiber will provide telecommunications services to customers throughout Hancock’s Delaware County, New York, and northeastern Pennsylvania service area and beyond.

“Hancock Telephone has a longstanding reputation for innovation and unparalleled customer service. The fiber network they built is a perfect fit for Archtop, and we can’t wait to expand their fiber reach even further,” said Jeff DeMond, Chairman and CEO of Archtop Fiber. “The Wrighter family has fulfilled the communication needs of the Hancock community for over a century and built an amazing company full of talented, passionate people who we are glad to be working with. Robert Wrighter Sr. leaves an indelible mark on this community and industry that will surely serve as an example for years to come in terms of leadership and vision. We are looking forward to what the future holds for the residents and businesses Hancock Telephone serves.”

“Selling was not a decision we made lightly, but when Archtop Fiber came along, we knew it was the right thing to do for Hancock Telephone Company, our customers and the broader community,” said Hancock Telephone President Rob Wrighter Jr. “I am excited about what we can accomplish now that we are a part of Archtop Fiber. We will be able to expand our reach into Sullivan County and farther into Pennsylvania. This is the dawn of a new era for Hancock Telephone.”

The Hancock deal comes on the heels of the closure of Archtop Fiber’s acquisition of New York-based GTel. These acquisitions are part of Archtop Fiber’s larger plan to bridge the digital divide in underserved communities in New York’s Hudson Valley and beyond with state-of-the-art, 100%-fiber multi-gig Internet. In May, Archtop announced a stock purchase agreement with Momentum Telecom, a leading provider of managed cloud communications services, to acquire its New York-based Warwick Valley Telephone Co. The deal is pending regulatory approval.

To learn more about Archtop Fiber and its planned markets and services, visit www.wvt.archtopfiber.com.

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About Archtop Fiber
Archtop Fiber was founded with a commitment to bring the fastest, most reliable, environmentally friendly and affordable Internet access to those who have traditionally been underserved — or even overlooked. The Archtop team has decades of success partnering with communities, large and small, to create technology-driven opportunities. With a fully funded business strategy, Archtop is dedicated to local investment. This ensures we support customers with upgrades to existing infrastructure while deploying the latest multi-gig, symmetrical, fiber-based network technology to bring faster, more secure and scalable broadband services to those that need them. Archtop Fiber is proudly invested in empowering your day-to-day life, bringing the digital world to you, your community and its businesses, schools, libraries, hospitals, farms and community centers.

Archtop Fiber – Invested In You.

About Hancock Telephone Company
For more than 100 years, Hancock Telephone Company, a wholly owned subsidiary of Archtop Fiber, has proudly served our towns, providing the best possible service through the highest quality employees. Hancock Telephone provides the latest in digital technology to almost 2,000 customers located in New York and Pennsylvania. We receive high marks from our customers on satisfaction surveys. Much to our satisfaction — and yours — we are the proud recipients of the New York State Public Service Commendation for providing outstanding quality service.

Media Contact for Archtop Fiber
Jaymie Scotto & Associates (JSA)
jsa_archtop@jsa.net