The Buildout: Astound delivers first fiber network to Newport, Oregon
This week in broadband builds: Astound wraps fiber construction in Newport, Oregon; GoNetspeed starts fiber construction
in Stratford, Connecticut; Wire 3 goes live in Florida's Volusia County – and more.
The company has been in the Newport region since acquiring CoastCom in September 2016. Astound, which was acquired by investment firm Stonepeak for $8.1 billion in 2021, announced in July that it completed "a comprehensive refinancing and a commitment of $400 million from Stonepeak," which extends Astound's debt maturities to 2029 and 2030.
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