Wyyerd Fiber Secures Additional Financing to Accelerate Expansion, Increasing Its Debt Facility to $435m
SURPRISE, Ariz., August 7, 2025 (Newswire.com) - Wyyerd Fiber, a leading Fiber Internet Service Provider backed by Carlyle, today announced an expansion of its debt facility to $435 million. The additional funding will be used to accelerate the company's continued deployment of 100% fiber-to-the-premise Internet in its core operating regions of Arizona and California, including Tucson and the West Valley of metropolitan Phoenix.
This strategic funding enables Wyyerd to deepen its investment in the local communities it serves across the Southwest U.S., expand its infrastructure, and meet the growing demand for fast, reliable, and honestly priced Internet services for both residential and business customers. Wyyerd has experienced rapid growth in both states in recent years, fueled by its commitment to delivering symmetrical multi-GIG speed Internet with exceptional local customer service.
"Access to fast, dependable Internet is no longer a luxury, it's a necessity," said Justin Freesmeier, Chief Executive Officer of Wyyerd Fiber. "This financing is a key milestone that enables us to grow while staying true to our community-first approach and commitment to transparent and trusted service. We're grateful to our partners for their support as we work to deliver world-class Fiber Internet at a local level."
Wyyerd has demonstrated strong network execution and world-class customer service, fueling its rapid growth in its Arizona and California markets. The expanded capital structure aligns with Wyyerd's long-term vision to bring future-proof infrastructure to more communities.
"This financing is a meaningful step in Wyyerd's continued growth as it expands access to fiber Internet across the Southwestern U.S.," said Pete Taylor, Managing Director and Partner on Carlyle's Infrastructure team. "Wyyerd has demonstrated proven execution and a compelling, community-focused approach, and we're pleased to back the platform as it thoughtfully scales in both established and new markets."
The debt facility is led by a Coordinating Lead Arranger group of Woodforest National Bank, ING Capital, and SMBC. The facility is further supported by leading financial institutions including NH Investment & Securities, Nomura, Texas Capital Bank, Third Coast Bank, CIBC Bank, Sunflower Bank, Busey Bank (formerly Crossfirst Bank), InBank and Axiom Bank.
The new funding will support expansion into new areas, bringing Wyyerd's fast, fiber Internet to more homes and businesses. Community and business leaders are encouraged to inquire about service in their areas by visiting wyyerd.com or calling (623) 455-4555.
About Wyyerd Fiber
At Wyyerd Fiber, we're passionate about delivering the fastest, most reliable Fiber Internet on our industry-leading Fiber-Optic Network with speeds up to 8 GIG for residents and businesses in the Arizona and California markets. We provide affordable, reliable connectivity tailored to each community, supported by local teams and unmatched customer service. Every region is unique, so we put local leadership at the heart of everything. Our vision is to become a trusted partner for Internet services, build lasting relationships, and connect communities one neighborhood at a time.
Source: Wyyerd Fiber