Press Release: Veracity Completes Merger With Broadweave

I just got word that Veracity and Broadweave have completed their merger into Veracity Networks. It’s been all quiet on the Provo front for some time, so it’s good to know that things are still moving. Press release is after the jump.

Veracity Networks Offers World-Class Service with a Local Touch

Merger of Broadweave Networks and Veracity Communications completed—network upgrades on tap

PROVO, Utah – November 20, 2009 – Veracity Networks today announced the finalized merger of Broadweave Networks and Veracity Communications, creating the premier, local provider of telecommunications services. This merger allows Veracity Networks to offer an expanded array of offerings to its more than 20,000 Utah customers. These customers will benefit from superior customer service and advanced technology platforms—including a powerful fiber-optic network—to deliver optimal Internet, phone and video capabilities.

“We are excited about the new capabilities we can now offer our customers—both in terms of products and customer care,” said Drew Peterson, CEO of Veracity Networks. “Combining our two companies will provide customers with the highest Internet speeds and the best in customer service. Because we understand local issues and needs, Veracity Networks is far more responsive than any national provider.”

Along with the completion of the regulatory and shareholder approvals, the company announced the finalization of employee, network and systems integration. “The speed of this accomplishment shows the extraordinary commitment, experience and knowledge of our employees,” Peterson said. “It’s exciting to see the momentum and synergies of the combined companies, demonstrated by our largest sales month ever.”

As a result, customers have already benefited from the outcome of this merger.

“We have already experienced great results with Veracity Networks,” said Jason Young, co-owner of Be Young Essential Oils. “The setup and install was so fast and seamless, there was no comparison to our previous provider. We look forward to building our business with continued support from Veracity Networks.”

Veracity Networks is also pleased to announce significant upgrades to the company’s fiber optic network in Provo. Over the next four months the network will be upgraded to add new data features, additional redundancy and advanced network integration—allowing greater flexibility, stability and scalability. The increase in throughput will also enable an increased number of high definition video channels for video customers.

About Veracity Networks

Veracity Networks ( delivers high-speed Internet, TV and phone services to both residential and commercial customers via a state-of-the-art fiber-optic network. The company combines its advanced communications services with local, friendly and accessible customer service to save its customers both time and money while they enjoy unmatched Internet speed, high-definition video and feature-rich telephone services. With a combined leadership of more than 50 years experience, Veracity Networks executive leadership is focused on providing premium, local telecommunications services.

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