The City of Wilson has received an offer to purchase the fiber plant within the Town of Pinetops. National Network Holdings, Inc. has offered a purchase price of $280,000. Under the terms of the agreement, Greenlight would retain ownership of all fiber assets from Wilson to the Pinetops point of delivery.
The City will now enter an upset bid process for the Pinetops fiber plant, as described in the City Council resolution adopted on June 21.
“North Carolina leaders have long advocated for rural broadband access achieved through public-private partnerships,” said Will Aycock, Greenlight General Manager. “We are pleased to be a party to providing a rural community the broadband access needed in today’s economy while executing the direction of our state’s leaders.”
As part of legislation passed by the North Carolina General Assembly in June 2017, Greenlight could continue service in Pinetops until a private provider chose to enter the market by building its own network and notifying Greenlight. Per the legislation, Greenlight has 30 days after notification to cease service. On June 13, 2018 we were notified by Suddenlink that fiber to the home service was now available in Pinetops, meaning Greenlight must cease service by July 12.