Searchlight Capital Partners has made a strategic investment in Wecom LLC, an established Arizona-based internet services provider.
The investment in Wecom, with additional investment support from Simple Broadband LLC, is expected to benefit hundreds of thousands of households and businesses while creating hundreds of new jobs in the state. Wecom is a broadband provider delivering fiber, telecommunications, and internet services to both business and residential customers.
“Wecom’s long track record of providing reliable, best-in-class services to Arizona communities for more than 60 years makes it the perfect partner to help bridge the digital divide in the state,” says Darren Glatt, partner and head of digital infrastructure at Searchlight. “We are extremely proud to be able to work with such an established operator to bring the connectivity that rural communities need and the benefits it brings to students, small businesses, and communities overall.”