IQ Fiber finalizes acquisition of ThinkBig Networks, expanding fiber-optic reach in Chesapeake Bay region

In a move that underscores its rapid growth trajectory, IQ Fiber, a Jacksonville-based provider of 100% fiber-optic internet services, has completed its acquisition of Maryland’s ThinkBig Networks, LLC. This strategic expansion positions IQ Fiber to bring its high-speed, customer-focused broadband services to the Chesapeake Bay region.

The acquisition is backed by equity funding from SDC Capital Partners and forms part of IQ Fiber’s ongoing mission to redefine broadband access with modern fiber-optic technology, focusing on underserved areas.

Strengthening Fiber-Optic Connectivity in Maryland

ThinkBig Networks has built a strong presence in Maryland, offering fiber-optic internet to customers in Charles, Kent, Queen Anne’s, and Harford counties. With additional network expansion underway, the company has been pivotal in addressing the increasing demand for reliable, high-speed internet in the region.

This acquisition allows IQ Fiber to extend its footprint beyond Florida and Georgia, where its advanced fiber-optic infrastructure currently delivers symmetrical internet speeds of up to 10 gigabits per second. According to IQ Fiber’s CEO, Ted Schremp, the merger is a natural fit that will enhance competition and improve service quality for consumers across Maryland.

“We are impressed by the exceptional network ThinkBig has developed in Maryland,” Schremp remarked, emphasizing the value of uniting both companies’ expertise to deliver a seamless broadband experience.

Leadership Transition and Vision Alignment

As part of the acquisition, Dee Anna Sobczak, CEO and co-founder of ThinkBig Networks, will take on the role of Senior Vice President for IQ Fiber’s Chesapeake Region. Sobczak highlighted the shared vision and operational synergies between the two companies, stating that the combined resources will accelerate ThinkBig’s network deployment and expand its market presence.

The rebranding of ThinkBig Networks as IQ Fiber is scheduled for later in 2025, a move designed to streamline operations and integrate Maryland into IQ Fiber’s broader growth strategy.

Customer-Centric Internet Services

IQ Fiber has gained a reputation for its simple, customer-focused business model. Unlike many competitors, it offers transparent pricing with no contracts, hidden fees, or surprise charges. The service also includes an intuitive app that allows users to manage multiple devices, ensuring a stress-free internet experience for modern households.

The company’s emphasis on reliability and speed has earned it accolades, including recognition by Ookla as the provider of the fastest internet speeds in Jacksonville. This performance consistency, combined with its customer-first approach, positions IQ Fiber as a key player in the competitive broadband market.

Equity Funding and Market Confidence

SDC Capital Partners, which has provided equity funding for this acquisition, reaffirmed its support for IQ Fiber’s growth plans. Clinton Karcher of SDC Capital Partners described the deal as a testament to the company’s ability to execute its strategic vision and drive innovation in the broadband sector.

The acquisition will facilitate IQ Fiber’s long-term goal of delivering high-speed internet to underserved communities while meeting the evolving demands of modern internet usage.

Pioneering High-Speed Internet Across Regions

IQ Fiber’s current network spans North Florida and parts of Georgia, with active construction underway in Savannah. This acquisition further cements its position as a leader in delivering advanced fiber-optic internet services, catering to households and businesses with growing bandwidth needs.

With symmetrical speeds of up to 10 Gbps, IQ Fiber’s network ensures that customers can seamlessly manage online learning, remote work, and multiple connected devices without interruption. The expansion into Maryland signifies the company’s commitment to addressing the digital divide with innovative solutions.

Future of Broadband in Maryland and Beyond

The integration of ThinkBig Networks into IQ Fiber represents a significant step toward transforming Maryland’s internet landscape. Customers in the Chesapeake Bay region can expect a smooth transition, enhanced service quality, and expanded access to one of the nation’s fastest-growing fiber-optic providers.

As the broadband market evolves, IQ Fiber’s dedication to delivering a superior internet experience underscores its mission to lead the way in modern connectivity solutions.