Sale of Hancock Telephone Company to Archtop Fiber

Wireless communication network concept. Internet of Things

October 18, 2023

W.G. Nielsen &Co., a leading investment banking firm in Denver, CO, acted as an advisor to Hancock Telephone Company in the sale of its business and negotiated the transaction.

About Hancock Telephone Company

Hancock Telephone Company is a family-owned telecommunications provider based in Hancock, NY. The Company, which has provided telecom services for more than 100 years, is a fiber-to-the-home local exchange carrier providing the latest digital technology. The Company serves almost 2,000 customers (in New York and Pennsylvania) through its telephone, cable television, long-distance and high-speed internet offerings.

About Archtop Fiber

Archtop Fiber, headquartered in Kingston, NY, is a provider of multi-gig, 100%-fiber internet and phone service to residential and business customers across the Northeast. The Archtop team has decades of success partnering with communities, large and small, to create technology-driven opportunities. With a fully funded business strategy, Archtop is dedicated to local investment.

About W.G. Nielsen & Co.
W.G. Nielsen & Co. is a Denver-based investment banking firm specializing in mergers and acquisitions (sell-side and buy-side advisory services) and structured and leveraged financing transactions. W.G. Nielsen& Co., an independently owned FINRA investment banking firm, offers clients innovative financing solutions. W.G. Nielsen & Co. enables select mid-sized clients to achieve their goals through strategic alliances, industry experience, and proven methodologies. Since the firm's inception in 1996, W.G.Nielsen professionals have completed transactions valued at more than $6 billion. For more information, please visit For information on the above transaction, please contact Michael Mazer at (303) 830-1515.

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