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Ripple Fiber Investing Over $60M in First California Project, Delivering Fiber Internet Access to Nearly 50,000 Homes

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Ripple Fiber Investing Over $60M in First California Project, Delivering Fiber Internet Access to Nearly 50,000 Homes
News

News

Ripple Fiber Investing Over $60M in First California Project, Delivering Fiber Internet Access to Nearly 50,000 Homes

2025-12-17 21:09 Last Updated At:21:21

BAKERSFIELD, Calif.--(BUSINESS WIRE)--Dec 17, 2025--

Ripple Fiber, a leading 100-percent fiber-optic internet provider and network operator, announces a significant achievement with plans to enter California, its tenth state. Investing over $60 million in this initial project, Ripple Fiber will deliver high-speed fiber internet service to nearly 50,000 homes in Kern County. Starting in Bakersfield, construction is expected to begin in early 2026. Additional cities in nearby counties will soon be announced, with the provider eager to grow its Southern California network.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251217236734/en/

“Announcing this project in California is exciting for our team, who has worked diligently to move these plans forward. We are grateful to the city and county officials for their collaboration, demonstrating an unwavering commitment to their community’s success,” said Greg Wilson, Founder and CEO of Ripple Fiber. “Empowered by California’s leadership in technology and innovation, our work in Bakersfield and beyond will provide residents with the infrastructure and connectivity they need for the future.”

With Ripple Fiber, residents in Kern County and Bakersfield will gain access to faster, reliable internet that is built to meet the demands of remote work, streaming, remote learning, gaming, and smart home management. Powered by the provider’s 100-percent fiber-optic infrastructure, communities can rely on strong, dependable connectivity that will support their households for decades to come. Ripple Fiber expects to launch service for customers within the first quarter of 2026.

"Reliable fiber infrastructure is foundational to the next chapter of our county’s development, and this initiative marks a pivotal milestone in preparing our communities for the future,” added Jason Wiebe, Deputy County Administrative Officer with Kern County. “The partnership behind this project demonstrates the power of public-private collaboration and its role in improving quality of life for our residents.”

Residents in Kern County who would like to learn more about Ripple Fiber’s offerings or show interest in having fiber internet access in their community can visit ripplefiber.com and follow along on social media (@ripple.fiber) for updates.

ABOUT RIPPLE FIBER

Founded in 2021, Ripple Fiber provides thousands of homes with the brightest and fastest fiber internet solutions, powered by a 10-gig, 100% fiber-optic network. With its patented technology driving rapid expansion, Ripple Fiber is redefining connectivity for its communities while remaining committed to promoting digital empowerment. Ripple Fiber believes the biggest wave starts as a ripple. For more information, visit ripplefiber.com.

Investing over $60 million in this initial project, Ripple Fiber will deliver high-speed fiber internet service to nearly 50,000 homes in Kern County.

Investing over $60 million in this initial project, Ripple Fiber will deliver high-speed fiber internet service to nearly 50,000 homes in Kern County.

NEW YORK (AP) — Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers.

“Today the Warner Bros. Discovery Board sent a clear message to you, their stockholders,” the company said in a letter to shareholders. “The WBD Board urges you to reject Paramount Skydance’s unsolicited, inferior and illusory tender offer.”

Paramount went hostile with its bid last week, asking shareholders to reject the deal with Netflix favored by the board of Warner Bros.

Paramount is offering $30 per Warner share to Netflix’s $27.75.

A Warner Bros. merger with either company would alter the landscape in Hollywood and will face intense scrutiny from U.S. regulators as it would impact movie making, consumer streaming platforms and, in Paramount’s case, the news landscape.

Paramount’s bid isn’t off the table altogether. While Wednesday’s letter to shareholders means Paramount’s is not the offer favored by the board at Warner Bros., shareholders can still decide to tender their shares in favor of Paramount’s offer for the entire company — including cable stalwarts CNN and Discovery.

Unlike Paramount’s bid, the offer from Netflix does not include buying the cable operations of Warner Bros. An acquisition by Netflix, if approved by regulators and shareholders, will close only after Warner completes its previously announced separation of its cable operations.

Paramount has claimed it made six different bids that Warner leadership rejected before announcing its deal with Netflix on Dec. 5. Only after that did it take its offer directly to Warner’s shareholders.

Critics of Netflix’s deal say that combining the massive streaming company with Warner’s HBO Max would give it overwhelming market dominance, whereas the Paramount+ streaming service is far smaller.

“This is something that we’ve heard for a long time—including when we started the streaming business,” Netflix co-CEOs Greg Peters and Ted Sarandos said in a filing through Warner Bros. “Our stance then and now is the same—we see this as a win for the entertainment industry, not the end of it.”

Bids from both Netflix and Paramount have raised alarm for what they could mean for film and TV production. While Netflix has agreed to uphold Paramount’s contractual obligations for theatrical releases, critics have pointed to its past business model and reliance on online releases. Yet Paramount and Warner Bros. are two of the “big five” legacy studios left in Hollywood today.

Paramount’s attempt to buy Warner’s cable networks and news business would also bring CBS and CNN under the same roof. In addition to further accelerating media consolidation, that could raise questions about shifts in editorial control — as seen at CBS News both leading up to and following Skydance’s $8 billion purchase of Paramount, which it completed in August.

Paramount Skydance did not immediately respond to a request for comment from The Associated Press early Wednesday.

U.S. President Donald Trump has already been vocal about his future involvement in the deal, indicating that politics will play a role in regulatory approval.

Trump previously said that Netflix’s deal “could be a problem” because of the potential for an outsized control of the market. The Republican president also has a close relationship with Oracle’s billionaire founder Larry Ellison — the father of Paramount’s CEO, whose family trust is also heavily backing the company’s bid to buy Warner.

Affinity Partners, an investment firm run by Trump’s son-in-law Jared Kushner, previously said it would investing in the Paramount deal, too. But on Tuesday, the firm announced that it would be dropping out of the bid.

Foreign sovereign wealth funds of Saudi Arabia, Abu Dhabi and Qatar are also backing Paramount’s bid with billions in funding.

Warner Bros. said that it also feels the offer from Netflix is more solid.

“There are no contingencies, no foreign sovereign wealth funds, and no stock collateral or personal loans,” it said in it's letter to investors. “We are a scaled company with a +$400 billion market cap and a strong investment grade balance sheet. As (Warner Bros.) said, the (Paramount Skydance) offer has “numerous risks and uncertainties” associated with it, among which are (Paramount's) financial condition and creditworthiness.”

Ted Sarandos poses for the World Premiere of the Netflix Series "Emily in Paris" season 5, in Paris, France, Monday, Dec. 15, 2025. (AP Photo/Aurelien Morissard)

Ted Sarandos poses for the World Premiere of the Netflix Series "Emily in Paris" season 5, in Paris, France, Monday, Dec. 15, 2025. (AP Photo/Aurelien Morissard)

FILE - Skydance Media CEO David Ellison attends the premiere of "Fountain of Youth" at the American Museum of Natural History, May 19, 2025, in New York. (Photo by Evan Agostini/Invision/AP, File)

FILE - Skydance Media CEO David Ellison attends the premiere of "Fountain of Youth" at the American Museum of Natural History, May 19, 2025, in New York. (Photo by Evan Agostini/Invision/AP, File)

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