At the 2026 Annual Meeting, CFEC members voted overwhelmingly to authorize the Board of Trustees and General Manager to negotiate and execute a Purchase and Sale Agreement with Conexon for the sale of all fiber-related assets owned by CFEC.
The approved motion specified that the final agreement must include a purchase amount sufficient to retire, at a minimum, 100% of the debt incurred through the fiber project while allowing CFEC to retain all awarded grant funding.
The membership vote authorized the Board to move forward with completing and finalizing the transaction. Final legal and operational transition work will continue moving forward over the coming months.
No. Fiber by Central Florida customers should not expect immediate changes to their internet service, pricing, equipment, billing, or support.
Conexon understands the importance of affordable, reliable internet service in rural communities and has significant experience serving cooperative territories like ours.
At this time, customers should not expect immediate changes to pricing as a result of the transition. Any future pricing decisions would be communicated clearly and in advance.
Fiber by Central Florida was built around straightforward pricing, reliable service, and no contracts, and both CFEC and Conexon remain committed to serving rural communities well moving forward.
At this time, customers should continue using the same customer service and support channels they currently use today.
If any future changes occur, customers will be notified well in advance.
Yes. CFEC expects to continue working closely alongside Conexon through at least late 2027 to help ensure a smooth transition process.
CFEC also plans to continue supporting ongoing construction and growth of the network during the transition period
Absolutely.
Fiber by Central Florida continues serving new customers throughout the service area and remains committed to providing reliable, high-speed fiber internet service to local homes and businesses.
Yes. Construction and expansion efforts continue moving forward, including ongoing projects in Levy County.
The success of the fiber network is actually one of the reasons CFEC leadership believed this transition opportunity was possible.
Fiber by Central Florida successfully solved a major need across rural communities and built a strong, valuable network serving thousands of customers.
At the same time, the cooperative also had to evaluate long-term financial responsibilities, storm-related risks, rising costs, and the challenges associated with operating both electric and broadband infrastructure moving forward.
Under the proposed agreement structure previously shared with members, the purchase amount would satisfy the debt associated with the fiber project while allowing CFEC to retain awarded grant funding tied to completed network construction.
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