Expansion and Acquisition North State Communications was acquired by Segra in 2020 for $240 million, indicating a consolidation trend in fiber infrastructure that may lead to increased investment in network expansion and modernization efforts, presenting opportunities for technology and infrastructure solutions.
Investment in Fiber Network With a $125 million investment over ten years in fiber infrastructure and ongoing fiber expansion in North Carolina, North State demonstrates a strong commitment to enhancing internet speeds and reliability, creating potential for sales in advanced networking equipment and fiber deployment services.
Diversified Service Offerings North State offers high-speed fiber internet, TV, voice, and custom solutions for business clients, indicating cross-selling opportunities for integrated communications packages, managed services, and IoT integration products tailored to residential and enterprise customers.
Regional Market Focus As a provider active primarily in North Carolina and Virginia, North State targets growth in regional markets through fiber expansion, providing chances to offer regionalized marketing, localized support solutions, and enhanced customer experience tools.
Technology Ecosystem Utilizing a tech stack that includes Cisco, Microsoft, Google Analytics, and social media platforms like YouTube and Reddit Ads, North State is investing in digital marketing and network management solutions, which are opportunities for sales related to cloud services, cybersecurity, and digital advertising solutions.