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 toHancock Telephone Company in the sale of its business and negotiated thetransaction.

About Hancock Telephone Company

Hancock Telephone Company is a family-owned telecommunications providerbased in Hancock, NY. The Company, which has provided telecom services for morethan 100 years, is a fiber-to-the-home local exchange carrier providing thelatest digital technology. The Company serves almost 2,000 customers (inNew 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 customersacross the Northeast. The Archtop team has decades of success partnering withcommunities, large and small, to create technology-driven opportunities. With afully funded business strategy, Archtop is dedicated to local investment.


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

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