Chariton Valley finishes state-of-art fiber network at Hannibal Lakeside Technology Park

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HANNIBAL, Mo. — Chariton Valley recently announced the completion of its state-of-the-art fiber network at Hannibal Lakeside Technology Park. The network will deliver 100 gigabit service that is essential for large-scale businesses with extensive operations. 

“Chariton Valley is proud of our partnership with the Hannibal community and to provide this valuable service to the technology park,” said Kirby J. Underberg, Chariton Valley’s president and chief executive officer, in a press release.

Chariton Valley plans to expand its fiber service to more Hannibal residences and businesses. The company’s gigabit capable speed is delivered over an advanced network that extends directly into locations through a dedicated connection.  

“High-speed internet is essential, and Hannibal is proud it will be among those select rural communities that will be built out to have gigabit speed internet technology,” Hannibal City Manager Lisa Peck said. “We are excited to have a 100 gig certified site with Lakeside Technology Park.”

Only about 30 percent of households in the U.S. have access to the gigabit internet speeds (1,000 megabits per second) that fiber-optic networks provide. Only a handful of cities have fiber broadly available to its homes and businesses, earning them the title “Gigabit City.” Hannibal is on track to achieve that designation in the future.

“Fiber is essential for economic growth, online education, work from home, and telemedicine,” Underberg added. “This is another step forward for Chariton Valley and encompasses our vision to enhance opportunities for rural communities.”

“Chariton Valley is leading the way in Northeast Missouri for fiber build-out,” said Corey Mehaffy, director of the Hannibal Regional Economic Development Council. “It is critical that we provide these resources for our companies to compete globally, our students to excel and our educational institutions to continue to provide training and educational opportunities.”

To learn more about Chariton Valley’s fiber service, call 660-395-9000.

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