Town of Frederick to Join Intrepid Fiber Networks’ Open-Access Broadband Expansion

On Friday, Intrepid Fiber Networks, in partnership with ALLO Fiber, held a groundbreaking event in Frederick, Colorado, officially commemorating the beginning of its network deployment to over 5,400 homes and businesses across the town. This initiative marks a significant investment into Frederick’s digital future, bringing symmetrical, multi-gigabit Internet speeds to residents and businesses and ensuring the community is well-positioned to meet the growing demands of a connected world.

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Present at the event were Frederick’s Mayor Tracie Crites, Mayor Pro Tem Kevin Brown, Frederick Board of Trustees: Windi Padia, Dan March, Mark Lamach, Frederick Town Manager Bryan Ostler, Carbon Valley Chamber of Commerce, Town of Frederick Staff, Intrepid and ALLO personnel.

Engineering, permitting and construction in Frederick has already begun and full network completion is expected in early 2027. This effort is part of Intrepid’s broader commitment to delivering world-class broadband infrastructure to communities across the United States.

“We’re thrilled to be working with the Town of Frederick to bring fiber optic infrastructure to their community. This is an investment in the future of this community, ensuring residents and businesses get access to digital opportunities,” said Jack Waters, CEO of Intrepid Fiber Networks.

Frederick Mayor Tracie Crites expressed strong support for the initiative, stating, “This marks a transformative chapter in Frederick’s infrastructure story and a bold investment in the everyday lives of our residents – supporting everything from remote work and online learning to health care, entrepreneurship, and main street commerce.”

For more information about Intrepid Fiber Networks’ deployment in Frederick, please visit intrepidfiber.com/about.

About the Town of Frederick:

With its close proximity to the Denver metro area and the Northern Front Range, the Town of Frederick is a dynamic community at the center of commerce, industry and education. Multiple recreational and residential facilities make the Town of Frederick a retreat full of diverse opportunity that continues to respect its heritage as a mining town incorporated in 1907.

About Intrepid:

Founded in 2021, Intrepid Fiber was launched by Brookfield Asset Management, one of the world’s largest investment groups, as a pioneering Fiber-to-the-Premises platform championing a Wholesale Open Access Model. Intrepid’s mission is to deliver world-class fiber to communities throughout the United States and meet the broadband demands of the future.

About ALLO Fiber:

ALLO Fiber, a leader in providing fiber-optic service, has been dedicated to delivering world-class communications and entertainment services. ALLO serves over 50 communities across Arizona, Colorado, Iowa, Kansas, Missouri, and Nebraska. ALLO is known for its reliable fiber networks and customized technology solutions that support businesses of all sizes. The company has been consistently recognized as the best Internet service provider in local competitions throughout its Gigabit communities.

For more information visit AlloFiber.com.

Forward-Looking Statements

Certain statements contained herein or made by management constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements reflect our current expectations about our plans and future performance and speak only as of the date of this press release. We do not undertake to update these statements. Our expectations (or the underlying assumptions) may change or not be realized, and you should not unduly rely on forward-looking statements.

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