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Princeton, NJ – (July 22, 2025) Astound, a recognized leader in WiFi, Mobile, TV and fiber-optic solutions, today announced an $81 million investment to accelerate the upgrade and continued expansion of its fiber network infrastructure throughout key areas of Pennsylvania. Once complete, the project will provide more than 315,000 homes and nearly 25,000 area businesses with access to Astound’s advanced fiber-powered network, delivering reliable, multi-gig speeds, and paves the way for future residential and commercial internet speeds of up to 10 Gbps.

Starting this summer, Astound will be upgrading its network, with more than 185,000 homes and businesses having access by the end of 2025, with the full complement of 315,000 homes and 25,000 businesses connected to Astound’s network by the end of 2026. A local team of over 600 has begun upgrading over 4,800 miles of its state-of-the-art infrastructure and extending its existing network throughout the Lehigh Valley and Northeast Pennsylvania (NEPA).

Astound engineered its fiber network upgrade and expansion to power the fastest connectivity speeds Pennsylvanians can rely on. Area households will be able to work, stream content, play games, and browse at lightning speeds without slowdowns, and will have improved reliability, supported by wall-to-wall WiFi 7 technology. Residents will also enjoy 4K streaming that enables anyone to watch their favorite shows in ultra-high definition, with little to no interruptions or pauses for loading. For gamers, the connectivity supports ultra-low latency, low-lag online experiences for smooth and responsive play. The network empowers households and businesses with multiple devices to all be connected at once – without compromising speed.

“Astound has long been a market leader in fiber expansion—it’s what we’re known for, and it’s why our customers choose us,” said Sanford Ames, Astound SVP and General Manager of Pennsylvania. “We’re building a network that doesn’t just meet today’s demands—it anticipates tomorrow’s. From remote work and 4K streaming to online gaming and smart home connectivity, our fiber-powered service is designed to be seamless, scalable, and always reliable.”

“Astound’s fiber network is uniquely suited to support mid-sized commercial customers across Pennsylvania—offering the flexibility, reliability, and scalability they need to grow,” said Patrick Knorr, Chief Commercial Officer for Astound Business Solutions. “This expansion also complements our existing capabilities to deliver 400Gb+ connectivity for large enterprise clients, reinforcing our commitment to future-ready infrastructure for businesses of all sizes. Astound’s network is built for what’s now—and what’s next.”

Astound’s significant investments in its state-of-the-art fiber network, along with collaborations with top industry players like T-Mobile, eero, and DIRECTV, enable customers access to the latest technology to manage their personal and professional lives.

For 11 years, Astound customers have consistently rated Astound as one of the best Internet Service Providers (ISP) in the country as reported in PCMag Readers’ Choice award. These rankings reflect the voices of real customers – PCMag readers who rated their experience with speed, service, value, and satisfaction.

For more information about fiber network upgrades and what Astound is up to, visit astound.com/network-upgrade.

Princeton, N.J. — July 15, 2025 — Astound, a recognized leader in WiFi, internet, mobile and TV services, today announced a limited-time Back-to-School promotion for 2025. The deals are available online in Astound serviceable areas, starting today.

As a new school year approaches, multi-user households expect fast, reliable WiFi and internet that’s both affordable with simple no-surprise pricing and compatible with their busy lives.
Astound’s campaign, “Buffer Less, Live More,”offers a 3-year price lock on fiber-powered Gig+ WiFi packages and gift cards, plus further discounts when combined with an Astound Mobile plan. No contract is required and WiFi equipment is included in the promotion.

New customers can sign up now through September 30th and receive:

• • WiFi with 3-Year Price Guarantee- With Astound’s simple, no-surprise pricing, subscribing to speeds of 1 Gig and above locks in a customer’s monthly rate for three years, no contract required. One-year subscriptions are also available for speeds below 1 Gig.
  • WiFi + Mobile Packages- When bundled with Astound Mobile, new customers can get Gig internet starting at just $35/month—a $30 monthly savings off the standard rate. Bundles include a modem and eero Whole Home WiFi.
  • $100+ Gift Card Bonus- Promotions also include an Amazon gift card with qualifying packages.
  • 30-Day Test-Drive- New customers can try Astound risk-free through its 30-day money-back guarantee.
  • For specifics on offers and discount codes, please visit astound.com

These limited-time deals give qualified new customers access to WiFi plans and savings without compromising on affordability or reliable internet and WiFi connectivity. Astound Internet adapts to each user’s needs, with less buffering or lags.

Astound is recognized in the 2025 PCMag Readers’ Choice Awards for outperforming major national providers across 16 categories. For 11 years, customers have consistently rated Astound as the best Internet Service Provider (ISP) in the country. These rankings reflect the voices of real customers –PCMag readers who rated their experience on speed, service, value, and satisfaction.

This press release is not an offer. For more information about these offers, and to view our policies and disclaimers, visit www.astound.com/special-offers and www.astound.com/policies-disclaimers.

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About Astound
Astound (astound.com) is a trusted provider of internet, Wi-Fi, mobile, TV services, landline phone and fiber-optic solutions, known for innovation, reliability, and award-winning customer care. With a focus on flexibility, value, and community, Astound delivers modern connectivity solutions to both residential and business customers designed for how people live and work today. Astound serves Chicago, Indiana, Eastern Pennsylvania, Massachusetts, New York City, Maryland, Washington, D.C., Texas, and regions throughout California, Oregon, and Washington.

Princeton, N.J. — July 2, 2025 — Astound, a recognized leader in internet, Wi-Fi, mobile, TV and fiber-optic solutions, today announced the successful completion of a comprehensive refinancing and a commitment of $400 million from Stonepeak, Astound’s largest investor and the world’s largest independent infrastructure firm. The transaction also meaningfully extends Astound’s debt maturities to 2029 and 2030.

With this additional capital and financial flexibility, Astound will further build out its award-winning high-capacity, fiber-powered network while it continues to support its customers and communities. Under Stonepeak’s ownership, Astound has undertaken the fiberization of its network through the construction or upgrade of 800,000 homes. As part of its plan to further increase its fiber footprint across the U.S. over the coming years, Astound has identified more than one million new residential homes for construction of fiber broadband. Astound has already made strides in enhancing its offerings with continued investments in cutting-edge fiber infrastructure and collaborations with top industry players like T-Mobile, eero, and DIRECTV. Recent notable initiatives include Astound’s $22M project in Clallam County, WA, the completion of a 108-mile underground fiber route along Highway 6 in Tillamook, OR, Astound’s $34M investment in Orland Park, IL, and making significant upgrades across its entire existing network. This transaction will serve to support this momentum.

“We are confident that this transaction will provide meaningful benefits to our customers as, with the additional funding and our optimized capital structure, we will be able to enhance our services and continue strengthening our network,” said Jim Holanda, Chief Executive Officer of Astound. “Having access to reliable, high-speed internet is absolutely essential in today’s digital-first world, and we pride ourselves on doing everything we can to provide this to the communities we serve. We are grateful for the support we have received from Stonepeak and our lenders as we continue to grow and innovate for long-term success.”

“We continue to be impressed by Astound’s operational focus and commitment to providing the highest-quality services to its customers and communities. Leveraging our deep expertise in digital infrastructure, Stonepeak will continue to support Astound and we look forward to being a part of this next phase of the Company’s growth,” said Andrew Thomas, Senior Managing Director at Stonepeak.

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About Astound
Astound (astound.com) is a trusted provider of internet, Wi-Fi, mobile, TV services, landline phone and fiber-optic solutions, known for innovation, reliability, and award-winning customer care. With a focus on flexibility, value, and community, Astound delivers modern connectivity solutions to both residential and business customers designed for how people live and work today. Astound serves Chicago, Indiana, Eastern Pennsylvania, Massachusetts, New York City, Maryland, Washington, D.C., Texas, and regions throughout California, Oregon, and Washington.

About Stonepeak
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $73 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include digital infrastructure, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.

Cautionary Statement About Forward-Looking Statements
Certain information included in this press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include statements we make concerning our plans, objectives, goals, strategies, future events, events or developments that management expects or anticipates will or may occur in the future, future revenues or performance, capital expenditures, financing needs and other information that is not historical information.  These statements may be identified by the use of words such as “estimates,” “expects,” “anticipates,” “projects,” “forecasts,” “plans,” “intends,” “believes,” “foresees,” “seeks,” “budgeted,” “continue,” “could,” “would,” “potential,” “likely,” “may,” “will,” “should,” “goal,” “target,” “guidance” and variations of these words or similar expressions (or the negative versions of any such words), in connection with any discussion of our future business, results of operations, liquidity and operating or financial performance.  Such forward-looking statements involve significant material known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Although Astound believe that its plans, intentions, and expectations reflected in or suggested by the forward-looking statements are reasonable, such plans, intentions, and expectations may not be achieved.  Forward-looking statements speak only as of the date they are made, and Astound is not under any obligation, and expressly disclaims any intent or obligation, to update, alter, or otherwise revise any of the forward-looking statements after such date unless required by law.

Media Contacts
Astound
Ann Murphy
astound@sevenletter.com
617-646-1031

Stonepeak
Kate Beers / Maya Brounstein
corporatecomms@stonepeak.com
646-540-5225