The boards of directors of Buggs Island Telephone Cooperative (BIT) and EMPOWER Broadband have signed an agreement that would allow EMPOWER Broadband to acquire BIT and merge their resources upon an affirmative vote by BIT’s membership.
Once the agreement is approved by BIT members, the two organizations will provide high-speed fiber internet and upgraded telephone services to the BIT area and across Southside Virginia operating through EMPOWER.
The two cooperatives share members, and both boards strongly recommend the approval of the acquisition. Both boards of directors and senior management staffs gathered at Mecklenburg Electric Cooperative, EMPOWER’s parent company, to sign the agreement. Seated are (from left) EMPOWER’s officers--President & CEO John Lee, Jr., Vice Chairman Frank Myers and Chairman David Jones; and BIT’s officers--President Linsey Carroll, Vice President Randolph Hite and General Manager Michele Taylor.