Bluepeak invests $55 Million to advance fiber rollout in Oklahoma

Bluepeak struck a franchise agreement with the City of Norman, Oklahoma, to bring fiber service to nearly 55,000 residents and businesses. The operator is pouring $55 million in capital into the buildout, marking Bluepeak’s largest investment in a single market outside of South Dakota. Asked what made Bluepeak select Norman as its next expansion target, an representative said proximity was a key draw. The city is close to Bluepeak’s other expansion markets in Shawnee and Midwest City (OK), which made going into Norman a “smart investment.” “Our fiber-to-the-home network is built to enhance growth, spur economic development and meet the needs of consumers in Norman well into the future,” said Bluepeak CEO Rich Fish. As for the project’s timeline, Bluepeak said it’s too early to give an estimate on when construction can begin or service availability, and that the operator will know more once it’s planned out its budget. Aside from Oklahoma, Bluepeak currently offers service in southwest Minnesota, North Dakota, South Dakota, and Wyoming. In 2023, it’s aiming to add more than 50,000 new fiber passings.