Fiber provider Swyft Fiber has acquired Fastwyre’s South Central fiber internet network to bolster the company's fiber footprint across the southern states.

The deal includes Fastwyre's service areas in Louisiana, Texas, and Alabama. Financial terms of the transaction were not disclosed.

The acquisition is part of Swyft Fiber's plans to expand its footprint beyond its existing customer base in Louisiana, Arkansas, and Mississippi.

“Swyft Fiber’s focus has always been to put customers first by providing dependable, high-speed connectivity,” said Jason Hunt, the Swyft Fiber CEO. “This acquisition allows us to extend that commitment to more communities while continuing to invest in the performance and resilience of our network.’ 

Swyft Fiber was set up in 2020 by the former owners of Hunt Telecommunications. Australian investment giant Macquarie Asset Management previously announced plans to invest $275 million in SwyftFiber back in 2023.

As for Fastwyre, the sale of its fiber portfolio in those three states follows an agreement the company struck in May to sell its Nebraska operations to Great Plains Communications (GPC), while its Missouri operations are being snapped up by Missouri-based Socket Fiber.

Swyft Fiber noted that customers won't notice any service interruptions during the transition and "will continue to receive the same level of connectivity they rely on today, with improvements rolled out over time."