LiveOak Fiber, an emerging regional broadband service provider, announces today that the newly formed company received an initial $150 million investment from InfraRed Capital Partners (InfraRed) to build a world-class fiber network in Glynn County, Georgia and Okaloosa County, Florida. The new network will bring fiber-based broadband to homes and businesses, ensuring access to affordable and reliable digital infrastructure to these traditionally underserved markets.

LiveOak Fiber is building a world-class fiber network to deliver the fastest broadband internet to homes and businesses. The company is committed to investing in the communities they serve by delivering modern digital infrastructure needed to improve the quality of life and drive economic growth.