Successful Horizon Integration and Increased Synergy Savings
Completed integration of six back-office systems in nine months, three months ahead of schedule. Increased annual run rate synergy savings from $9.6 million to $13.8 million.
Glo Fiber Expansion and Customer Growth
Achieved fourth consecutive year of increased construction pace and customer net additions. New passings released to sales were approximately 97,000 with customer net additions over 21,000.
Revenue and Growth Metrics
Revenue grew 22% to $328.1 million in 2024. Glo Fiber revenue grew $21.4 million or 61% driven by a 50.9% increase in subscribers and a 7.3% increase in ARPU.
Increased Fiber Network Passings
In 2024, over 103,000 new fiber passings added and more than 1,400 new route miles of fiber. Total fiber passings now at 585,000, with 61% served via fiber.