Arcadian Infracom Partners with TIAA to Finance Long Haul Fiber Backbone Routes

ST. LOUIS, MO, October 4, 2021 — Arcadian Infracom, a fiber infrastructure company, and TIAA, a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions, have partnered to finance Arcadian’s first long haul fiber routes. TIAA will invest up to $140 million to accelerate fiber projects traversing the four-corners region of the Southwestern United States and grow the Arcadian digital infrastructure investment platform. The financial commitment from TIAA, along with customer purchase commitments will enable Arcadian to accelerate fiber construction.

“We are honored to work with such a respected financial leader as TIAA, which is committed to supporting early stage digital infrastructure projects. TIAA’s investment has the ability to significantly scale Arcadian’s capital-intensive business across multiple fiber routes as well as create additional synergistic investment opportunities as we route the digital ecosystem directly through rural and tribal markets,” said Dan Davis, CEO and co-founder of Arcadian. “As the son of a retired music teacher from rural Illinois, I am personally committed to the mission of TIAA and its founder, Andrew Carnegie, to provide long term financial security for education professionals.”

The highly anticipated fiber infrastructure routes connecting Phoenix to Salt Lake City and Phoenix to Denver are purposefully routed through remote rural and tribal communities. The routes are enabled by the 2018 first-of-its-kind value sharing partnership between Arcadian and Navajo Nation for the construction of long-haul fiber routes through the Navajo reservation. This diverse fiber routing provides much needed network diversity, resiliency, security and improved latency for Arcadian’s global cloud, content, carrier, cable and ISP customers. This routing strategy also synergistically enables high-speed broadband access and creates economic development opportunities in rural and tribal communities along Arcadian routes.

Nuveen, the investment manager of TIAA with over $1 trillion of assets, originated, underwrote and will manage the investment. “Key tenets of our portfolio strategy include identifying exceptional growth opportunities, managed by best-in-class teams and executed through responsible investment strategies,” said Andrew Deihl, Sector Head of Private Infrastructure at Nuveen. “The long term investment focus of TIAA aligns well with the patience and focus required for success in building Arcadian’s new core long haul fiber infrastructure with a life cycle measured across multiple decades.”

TIAA’s commitment to working with Arcadian Infracom will help meet the increasing global demand for responsible infrastructure investments that also aim to provide alternative sources of attractive returns. The investment will enhance Nuveen’s existing private infrastructure platform, which manages $5 billion across renewable energy, digital, telecoms, transportation and social infrastructure sectors globally and has delivered consistent investment performance for more than 10 years for our organization and our clients.

Houlihan Lokey acted as exclusive financial advisor to Arcadian with Bryan Cave Leighton Paisner providing legal counsel and Greenberg Traurig as special counsel to Arcadian on American Indian law matters. Bank Street Group LLC served as exclusive financial advisor to TIAA with Morgan Lewis & Bockius LLP providing legal counsel and Lewis Roca as special counsel to TIAA on American Indian law matters. CMA Strategy Consulting served as market consultant to TIAA and Broadband Success Partners served as technical advisor to TIAA.

About Arcadian Infracom

Founded in 2018 by seasoned communications industry leaders and headquartered in St. Louis, MO, Arcadian Infracom is an internet infrastructure development, construction, and operations company. Arcadian builds diverse, lower latency long-haul fiber routes connecting major data center locations for its cloud and content customers while providing low cost backhaul to digitally stranded rural and tribal communities for its telecom, cable company, ISP and enterprise customers. Arcadian purposefully routes its fiber through remote rural and tribal communities to help close the digital divide in the U.S.

About TIAA

TIAA is a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions. It is the #1 not-for-profit retirement market provider,1 paid more than $3.6 billion to retired clients in 2020 and has $1.3 trillion in assets under management (as of 6/30/2021).2

Based on data from 56 providers in PLANSPONSOR magazine’s 2019 DC Recordkeeping Survey, combined 457, 403(b) and money purchase plan data as of December 31, 2018.

2 Based on approximately $1.3 trillion of assets under management across Nuveen affiliates and TIAA investment management teams as of 6/30/2021.

Rick Waterman | Field Construction Manager

Rick has 28 years of experience in fiber network operations, installation, design, provisioning, and project management related to OSP/ISP. Rick most recently worked for CenturyLink through the acquisition of Qwest Communications. At CenturyLink he was a GIS Engineer responsibility for database inventory of all the fiber routes, conduit, manholes/handholes, and fiber panels in CenturyLink's GIS System. Prior to GIS Engineering, Rick was a Fiber Analysis Engineer responsible for analyzing fiber traces on all new and existing fiber builds.  

Rick joined Qwest in 2001, where he was the Lead OSP/ISP Technician, managing numerous high priority customer projects, protecting more than 70 miles of route with 13 sites. Rick has deep experience with many different transport systems including Ciena, Infinera, Cisco, and Fujitsu, and has worked closely with the Federal Government on systems and monitoring. 

During his time with Qwest, he was promoted to management in Arizona, managing a crew of 38 with responsibility for installation and maintenance of all circuit, splice, and construction crews. Rick managed day-to-day operations, including supervision, training, company safety procedures, as well as the design and installation of fiber and cabling systems and system networks. 

Prior to Qwest, Rick founded a telecommunications company under Rod Jackson & Associates. Rick started the company with two employees and grew it to a Team of 22 within six months. He was responsible for the technical build out the 5th floor at Hope Street in Los Angeles for MCI/WorldCom.

Denise Villa | Business Development & Partnering

A skier, hiker and mountain biker, Denise has over 20 years of experience in the telecommunications and technology industries holding various positions in sales and leadership for Sprint, AT&T, Level 3 and CenturyLink. As a tenured sales leader with a demonstrated history of driving high-performance, Denise has centered her career around bringing resources closer to the customer, exceptional customer experience and leading teams to drive profitable revenue while being an active member of the business community.

Denise started at Sprint in the early 90s in New York City. She later moved on to Account Management for global data networking clients in New York and New Jersey.

While working in leadership for AT&T in Utah, she was a member of the Utah Broadband Economic Development Council, Vice-President for the Ambassador Board of Ballet West and a member of National Charity League. As a member of the Utah Broadband Development Council, she focused on driving services to rural communities. She worked closely with regional business to bring solutions to the marketplace. During her tenure at National Charity League, she and her daughter volunteered at organizations like the Road-home, Utah Food Bank, and The Sharing Place.

As Regional Director within Level 3, she led teams in Utah, Nevada and Arizona providing services like dark fiber and IP based services while opening the Utah enterprise market.

As Director for CenturyLink, she led teams in Idaho, Nevada and Utah helping drive business within hyper-scalers, content-providers, software company and data centers. She worked closely with organizations like Silicon Slopes in promoting Utah’s thriving business community to help startups garnish the resources needed to succeed.

Most recently, she worked as a Business Development Director for a blockchain software company, BanQu, which brings transparency in a global supply chain and helps every person within the chain to have an economic identity. During her time, she assisted in marketing, sales, contract negotiations and customer retention. The company now leads the way for tracking Covid-19 supplies and vaccines throughout the Middle East and Africa.

Scott Terrill | Business Development & Partnering

Scott brings 20+ years of diverse business development, sales, and marketing experience from large service providers and start-ups alike in the telecommunications industry. Throughout his career, Scott’s primary roles have centered on strategic partnerships, go-to-market deployment of new technology, and third party reseller development.

While at CenturyLink, Scott was responsible for leading product partnerships for wireless, video, IoT, hardware, and cybersecurity with key partners including AT&T, Verizon, DirecTV, Norton, and McAfee. He also led a 50+ person team responsible for the P&L and management of more than 1,000 reps in CenturyLink’s third party reseller ecosystem for digital, retail, big-box, and direct sales.

At Comcast, Scott led a marketing, intelligence, and communications team for Xfinity’s largest region, where he was responsible for contract negotiations and program management of NFL, MLB, NHL, and NCAA partnerships throughout the southeast.

He also has a genuine passion for reaching underserved populations with viable broadband solutions as illustrated through his role as SVP of Development at Pulse Broadband (now part of the National Rural Telecommunications Cooperative). Scott headed up business development partnering with municipal and utility providers seeking fiber solutions in their efforts to build vital infrastructure and enable broadband services for residents/businesses in their underserved communities.

Scott earned his B.S. in Marketing from Missouri State University.

Tiffanny Hale | Project Manager

Tiffanny has 25 years of experience in telecommunications through CenturyLink and the affiliate companies acquired by CenturyLink. The majority of her experience has been dedicated to the national network side of the CenturyLink business, although she has experience in both the regulated Local Exchange Carrier and unregulated National.

Prior to joining Arcadian, Tiffanny spent 10 years in Network Project Management at CenturyLink / Qwest, with an emphasis on deployment of DWDM networks. While working as a PM, she accumulated the requisite project hours and training needed for Project Management Professional (PMP) certification, passing the exam in 2009.

In the preceding ten years, Tiffanny was an Engineering & Planning manager for Qwest / US WEST. In this role, Tiffanny managed a diverse team of employees with responsibility for metrics, budgeting, process development and program management. Tiffanny also worked closely with Wholesale Product Management and Regulatory to develop new processes that would ensure compliance with FCC Communications Act Section 271 interconnection for US WEST.

Tiffanny’s early years in the CenturyLink affiliate family began in Customer Service, moving to Network Database Administration and Complex Translations while at SP Telecom / Qwest. She left Qwest to work for US WEST prior to the Qwest/US WEST merger, working three years in the US WEST Network Reliability Center focused on Section 271 readiness.

Tiffanny has a BS in Advertising from the University of Colorado, Boulder, and an MA in Telecommunications Management from Webster University.

Patricia Fry | Controller

Patty is an experienced financial professional with over 25 years working with a variety of industries including for profit and not-for-profit businesses.  She has an extensive financial and managerial background in accounting, education, financial and tax reporting, strategic planning and budgeting, cash management and team building. 

Prior to joining Arcadian, Patty started her career as a CPA with a regional accounting firm in central Illinois where she spent several years in the tax department working with personal and business tax clients.  In moving to the St. Louis area, she worked with a local CPA firm as a manager in both the tax and audit departments providing advisement to a wide range of industry clients. 

For the last 12 years, Patty moved from public accounting into private industry as a Corporate Controller.  As a Controller, Patty has played a key role on executive management teams. She has served as a treasurer for her church and for a not-for-profit organization on a volunteer basis.   Patty is a strategic thinker with excellent analytical and communication skills with a focus on continuous process improvement initiatives and team development.

Patty earned her B.S. in Accounting and her M.S. in Accountancy from Illinois State University.  She is a licensed CPA in the state of Missouri.

The Colorado Broadband Office

The Colorado Broadband Office, in the Governor's Office of Information Technology  featured Arcadian Infracom CEO, Dan Davis, in their latest Lunch & Learn series noon-1PM MST on June 22, 2021. Dan presented, participated in discussions, and answered questions regarding Arcadian's diverse fiber routes connecting Denver, Salt Lake City, Phoenix, and the Rural and Tribal communities in between.

Link: https://www.youtube.com/watch?v=cp8eRHvM5m4

Pacific Telecommunications Council (PTC) 2021 Conference

Arcadian Infracom CEO, Dan Davis, spoke at the Pacific Telecommunications  Council (PTC) 2021 conference. Dan contributed to the industry panel “Strategies to Meet Network Needs” on Wednesday, January 20, 2021 at 12PM noon PST/3PM EST. Dan shared how Arcadian’s strategy of building new diverse long haul fiber networks can help address the pandemic driven shift of the enterprise from the corporate central office to employee suburban and rural homes.

Arcadian Infracom closes additional round of funding, announces expansion of the Advisory Board and expedites fiber route construction start

Latest Funding Accelerates 2Q2021 Construction Start Date for Arcadian Fiber Routes

Arcadian Infracom today announces the closing of an additional $1.45m financing round, anchored by a select number of senior executives in the communications infrastructure industry. Arcadian also announces the expansion of its Advisory Board, along with significant capital investments to enable an accelerated construction kickoff of its first fiber backbone routes.

This round of funding, led by seasoned communications infrastructure industry executives, allows Arcadian to quickly scale and complete its final route engineering and permitting efforts. With this new funding, Arcadian is expediting construction and securing final route delivery dates for its first announced fiber routes, spanning Salt Lake City to Phoenix, and Phoenix to Denver. This highly anticipated route will be the first-ever to traverse these areas of the U.S. Southwest, providing a more direct fiber route between major data center markets.

This $1.45m investment follows a $1.35m funding round in late 2019, enabling further expansion of the Arcadian team and its operating infrastructure. Arcadian will also use the new capital to accelerate development of its pipeline of fiber route construction opportunities, including a 1,500-mile route from Los Angeles to Dallas via Flagstaff and Albuquerque. Each fiber route developed, constructed, and operated by Arcadian adds security, redundancy and resiliency for Arcadian’s cloud, content, telecom, cable company, ISP and enterprise customers.

Arcadian is also pleased to announce the expansion of its Advisory Board with the addition of Karen Puckett, former President and Chief Operating Officer of CenturyLink. Ms. Puckett has 30+ years of communications infrastructure industry experience. Most recently Ms. Puckett was President and CEO at Harte Hanks. At CenturyLink, Ms. Puckett directed all global operations, including sales, marketing, field operations, engineering, and construction. In addition to her senior management roles, Ms. Puckett has served as a director for the United States Telecom Association (USTA) and currently serves as an independent director for Entergy.

“I appreciate the continued trust and support of our investors and customers as the Arcadian teams mobilize to ‘turn the first shovel of dirt` to complete our backbone fiber routes. I look forward to collaborating with Karen again, having worked together for more than a decade at CenturyLink. We have a shared vision for Arcadian to build a scalable, flexible, sustainable commercial business interwoven with a larger purpose to close the U.S. rural digital divide,” commented Dan Davis, CEO and co-founder of Arcadian Infracom.

“I am excited to work with Dan again through Arcadian. Dan is building a world-class team of seasoned professionals and taking a clean-sheet, legacy-free approach to building out its operations. This is a great opportunity to help shape Arcadian to realize its financial, operational and purpose-oriented potential” commented Ms. Puckett.

Ms. Puckett joins Jim O’Donnell on the Arcadian Advisory Board. Mr. O’Donnell has over 35 years of experience as an investment professional in private equity, venture capital, mezzanine and leveraged buyout investments. For 20 years Jim held the position of Chairman & CEO of Capital For Business, a middle market investment firm producing $500m in revenue focused on manufacturing and value-added industrial services companies. He formerly served on the Executive Committee of the Association of Corporate Growth (ACG), the premier M&A organization for middle market deal makers, with 14,000 members internationally.

About Arcadian Infracom
Founded in 2018 and headquartered in St. Louis, MO, Arcadian Infracom is an internet infrastructure development, construction, and operations company. Arcadian builds diverse, lower latency fiber routes connecting major data center locations for its cloud and content customers. The Arcadian routes also provide its telecom, cable company, ISP and enterprise customers with low cost backhaul to digitally stranded rural and tribal communities.

For more information on Arcadian Infracom please contact us at info@arcadianinfra.com and visit https://arcadianinfra.com.

This article is republished from PRWeb under a Creative Commons license. Read the original article here.

Arcadian Infracom receives final regulatory authority to construct new Internet backbone routes in the U.S. Southwest

Final Regulatory Authority Enables Arcadian Fiber Route Kickoff

Arcadian Infracom, transforming lives through fiber backbone infrastructure, today announced that it has received public utility authority in the State of Arizona. With this final of four required certifications, Arcadian has started final engineering and permitting of its first 1,300 miles of fiber backbone routes in the Southwest U.S.

The most recent PUC authority, granted by the State of Arizona, provides Arcadian authority to construct its underground global fiber backbone routes along most public roadways in four states. Arcadian is building its fiber routes across these states to create redundant global connectivity for its cloud, content, telecom, cable, ISP and enterprise customers. These new fiber backbone facilities will also foster a digital ecosystem of economic development for the people living in communities along the Arcadian routes. This new direct global backbone fiber will support new businesses and enable massively scaled internet access backhaul to support improved local broadband.

“We appreciate all of the hard work and endless tenacity that our team has demonstrated over the past 2 ½ years to reach this important milestone. Our team includes not only our core employees but also an almost untold number of local legal teams, state advocates, utility authority staff and numerous other advisors”, commented Dan Davis, CEO and co-founder of Arcadian Infracom. “This accomplishment shows what is possible when you have a truly world-class group of people who all share the same passion for accomplishing such a worthwhile purpose. We will, of course, deliver a world class fiber network for our customers and create outstanding shareholder value. By acting with authentic purpose, we also generate transformative economic and social benefits for people living in the rural and tribal communities served by our fiber.”

The certifications in both Arizona and New Mexico will also be utilized with previously granted certifications in Texas, and anticipated certification in California, to later begin construction of Arcadian’s next diverse fiber backbone route. That second 1,500-mile route will connect Los Angeles to Dallas, via Flagstaff and Albuquerque, providing long needed East/West U.S. global internet infrastructure fiber connecting the West coast to major mid-US markets. Arcadian will again be connecting people in rural and tribal communities along this second global fiber backbone route to close the digital divide by bringing scaled internet backhaul capacity to these digitally stranded communities.

About Arcadian Infracom
Founded in 2018 and headquartered in St. Louis, MO, Arcadian Infracom is an internet infrastructure development, construction, and operations company. Arcadian builds diverse, lower latency fiber routes connecting major data center locations for its cloud and content customers. The Arcadian routes also provide its telecom, cable company, ISP and enterprise customers with low cost backhaul to digitally stranded rural and tribal communities.

For more information on Arcadian Infracom please contact us at info@arcadianinfra.com and visit https://arcadianinfra.com.

This article is republished from PRWeb under a Creative Commons license. Read the original article here.