Intrepid Fiber Groundbreaking in Broomfield, CO

Shane Peverill
VP, Business Development
Intrepid Fiber
760-481-4088

Intrepid Fiber Networks held a groundbreaking ceremony in Broomfield, Colorado on Wednesday, where construction and installation of a city-wide fiber broadband network is set to begin. Working closely with the city, Intrepid secured a license agreement in August allowing it to begin deploying a high-speed fiber broadband network across the city. Intrepid had originally announced the expansion of its network into Broomfield in May, along with other North Denver Metro area cities, establishing a strong presence in the region.

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CFO Tim Bruny (Left), VP Shane Peverill, Councilmember Jean Lim, CEO Jack Waters, Mayor Guyleen Castriotta, Councilmember Heidi Henkel, Councilmember Kenny Nguyen, CCO Jeff Polachek, VP Rob Macaluso (Photo: Business Wire)

Intrepid’s leadership team was joined by Mayor Guyleen Castriotta, and members of the Broomfield City Council, to commemorate the occasion. “One aspect I’m especially proud to highlight is Intrepid’s commitment to an Open-Access network. This forward-thinking approach means multiple providers can offer their services to our residents, creating a competitive market that directly benefits consumers,” said Mayor Castriotta in a speech given at the ceremony.

Jack Waters, Intrepid’s CEO, added, “This project brings a substantial investment to our great state, one that I’m extremely proud of. I’m also very proud that our headquarters are located here in Broomfield. We look forward to a great partnership with the city and are very excited to begin our project.”

Broomfield residents can expect world-class high-speed internet to be available in early 2025. Residents and businesses can find more information related to Intrepid Fiber’s deployment and construction in Broomfield on its website.

About Intrepid:

Founded in 2021, Intrepid Fiber was launched by Brookfield Asset Management, one of the world’s largest investment groups, as a pioneering Fiber-to-the-Premises platform championing a Wholesale Open Access Model. Intrepid’s mission is to deliver world-class fiber to communities throughout the United States and meet the broadband demands of the future.

To learn more, please visit intrepidfiber.com.

Forward-Looking Statements

Certain statements contained herein or made by management constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements reflect our current expectations about our plans and future performance and speak only as of the date of this press release. We do not undertake to update these statements. Our expectations (or the underlying assumptions) may change or not be realized, and you should not unduly rely on forward-looking statements.

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