Clearwave Fiber Valuation, Funding & Investors

Clearwave Fiber is valued at $759M as of January 2022.

Last Clearwave Fiber valuation

$759M

Undisclosed stage · Jan 2022

Last Clearwave Fiber funding round

Undisclosed stage

Amount undisclosed · Jan 2022

Key investors in Clearwave Fiber

  • GTCR

Clearwave Fiber Overview

About Clearwave Fiber

Clearwave Fiber is a Midwest and Southeast U.S. fiber optic provider operating a extensive network for high-speed internet, voice, and data services to residential and business customers.


HQ

United StatesUnited States

Status

Privately held

Customer focus

B2C & B2B

Revenue model

Subscription

Valuation

$759M (Jan 2022)

Clearwave Fiber Valuation

Clearwave Fiber is currently valued at $759M, based on its undisclosed-stage round in January 2022. Read the announcement ↗

The round included GTCR.

Clearwave Fiber valuation by funding round

Clearwave Fiber valuation by funding round
DateStageValuation
Jan 2022Undisclosed stage$759M

Clearwave Fiber Funding History

Clearwave Fiber has raised 1 funding round.

Clearwave Fiber funding rounds
DateStageInvestorsValuationDeal Summary
Jan 2022Undisclosed stageGTCR$759MCable One announced on 3 January 2022 a joint venture with affiliates of GTCR, Stephens Capital Partners, The Pritzker Organization and certain members of the management team, to fund the growth of a new company called Clearwave Fiber. The venture holds Cable One's subsidiary Clearwave Communications and certain fiber assets of Cable One's subsidiary Hargray Communications. Cable One keeps a majority of Clearwave Fiber, and the other investors agreed to make substantial cash investments to fund its expansion. The venture was created to build fiber-to-the-premises networks in rural and underserved markets, with David Armistead as chief executive. GTCR, which had sold a 45 percent stake in Mega Broadband Investments to Cable One in 2020, became a co-owner of the fiber business. In 2026 GTCR described the company as one of its portfolio companies, and it was combined with Point Broadband in May 2026.

Who has invested in Clearwave Fiber?

1 investor has backed Clearwave Fiber across its funding rounds, including GTCR.


Clearwave Fiber Investors

Investors in Clearwave Fiber by funding rounds participated
InvestorHQRoundsRoleFirst check

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Clearwave Fiber

Clearwave Fiber has acquired 1 company to date.

Last acquisition by Clearwave Fiber was on January 5th 2026. Clearwave Fiber acquired Point Broadband for undisclosed valuation.


Latest Acquisitions by Clearwave Fiber

Point Broadband
Description
Point Broadband is a Jackson-headquartered provider of fiber and fixed wireless internet to rural communities in Tennessee, Mississippi, and Kentucky. It delivers up to 1 Gbps speeds to 50,000 locations using its 2,000-mile fiber network built since 2013.
HQ CountryUnited States
HQ City
West Point, GA
Deal Date5 Jan 2026
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Clearwave Fiber Competitors

Clearwave Fiber competitors include listed companies like LINK Mobility Group, Makedonski Telekom, Chief Telecom and Etihad GO Telecom, and private ones like Linkem and Telenor (IoT unit).

Public and private companies comparable to Clearwave Fiber
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
LINK Mobility GroupNorwayNorwayPublicly listed$758M$68M$762M1.1x
Makedonski TelekomNorth MacedoniaNorth MacedoniaPublicly listed$229M$100M$738M-
Chief TelecomTaiwanTaiwanPublicly listed$120M$58M$789M6.7x
Etihad GO TelecomSaudi ArabiaSaudi ArabiaPublicly listed$511M$90M$723M-
LinkemItalyRomePrivate$84M-$805M9.6x
Telenor (IoT unit)SwedenSwedenPrivate$140M$45M$810M5.8x

Clearwave Fiber Public Comps

Clearwave Fiber is still privately-owned, but its public comps include LINK Mobility Group, Makedonski Telekom, Chief Telecom, Etihad GO Telecom, GMO internet, Shenzhen Topway Video, RailTel Corporation, Tata Teleservices, Bahnhof and Hutchison.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
LINK Mobility Group$758M$68M1.3x1.1x14.3x8.7x
Makedonski Telekom$229M$100M3.2x-7.3x-
Chief Telecom$120M$58M7.1x6.7x14.7x14.3x
Etihad GO Telecom$511M$90M1.2x-6.7x-
GMO internet$497M$83M1.2x1.1x7.3x-
Shenzhen Topway Video$194M$7M4.0x-116.9x-
RailTel Corporation$454M$67M1.5x1.3x10.0x9.2x
Tata Teleservices$122M$66M23.9x-44.2x-

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Common questions about Clearwave Fiber

Where is Clearwave Fiber headquartered?Clearwave Fiber is headquartered in United States.
Is Clearwave Fiber publicly listed?No, Clearwave Fiber is a private, VC-backed company.
What is Clearwave Fiber's valuation?Clearwave Fiber was last valued at $759M in its undisclosed-stage round in January 2022.
What was Clearwave Fiber's last funding round?Clearwave Fiber's last funding round was a undisclosed-stage round in January 2022.
Who are Clearwave Fiber's investors?Clearwave Fiber's investors include GTCR.
Which companies are comparable to Clearwave Fiber?Companies comparable to Clearwave Fiber include LINK Mobility Group, Makedonski Telekom, Chief Telecom, Etihad GO Telecom, Linkem and Telenor (IoT unit).
How many companies has Clearwave Fiber acquired?Clearwave Fiber has acquired 1 company, including Point Broadband.

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