Expanding Broadband Reach 123NET is actively investing in broadband infrastructure, including fiber optic deployments under Lake Michigan and middle-mile fiber projects across Michigan. This positions the company to offer high-capacity, reliable connectivity solutions to underserved and rural areas, creating opportunities to target municipal, educational, and enterprise clients seeking scalable internet services.
Strategic Acquisitions The recent acquisition by Grain Management LLC indicates a strong growth trajectory and access to additional capital for expansion. Sales teams can explore partnership opportunities with 123NET as it scales its fiber networks and enhances service offerings, particularly in digital infrastructure segments seeking robust, fiber-based connectivity.
Partnership and Collaboration 123NET’s collaborations with municipalities like the City of Saline and Lee Township demonstrate openness to public-private partnerships for broadband expansion. Business development efforts can focus on government and community projects aimed at deploying open-access networks, opening avenues for VOIP, data center, and enterprise connectivity solutions.
Connected Corporate Ecosystem Hosting the Detroit Internet Exchange and peering with giants like Google, AWS, and GM highlights 123NET’s position as a key player in high-speed, low-latency connectivity for large enterprises. There are opportunities to target Fortune 500 companies and large local businesses in Michigan requiring reliable, secure, and scalable data, voice, and cloud connectivity services.
Growing Financial Footprint With revenues estimated between $100M and $250M and substantial grants totaling over $95 million recently secured for infrastructure development, 123NET is financially positioned to invest in new technology deployments. This creates opportunities to offer advanced networking, cybersecurity, and managed services to an expanding customer base seeking cutting-edge digital solutions.