Strong regional scale Michigan-based fiber internet, colocation and voice services with a growing footprint, including partnerships to expand fiber to unserved areas, presenting upsell opportunities in municipal and enterprise markets across the state.

Executive leadership shift New president and CEO Ken Fitzpatrick brings Everstream leadership experience, signaling potential strategic pivots and renewed focus on growth, enterprise-grade connectivity, and potential cross-sell opportunities with existing customers and partners.

Strategic partnerships Recent alliances with Intermedia Intelligent Communications to add AI-powered cloud communications and with Intermedia to enhance reliability and features; opportunity to cross-sell unified communications, collaboration tools, and managed services to current clients.

DET-iX ecosystem Operation of the Detroit Internet Exchange and a carrier-neutral data center positions 123NET as a hub for peering and high-performance connectivity, enabling upsell to large enterprises requiring low-latency networks, colocation, and managed services.

Financial momentum Revenue trajectory reported at approximately $182M in 2025 with scale potential toward mid-hundreds of millions; opportunities to target mid-market and Fortune 500 prospects with bundled fiber, colocation, and voice solutions leveraging existing cabinet and data-center capacity.