After trying unsuccessfully to negotiate acquisitions of the Provo, Utah customer bases of NuVont Communications and Veracity Networks, Broadweave Networks will instead compete for those customers over the same fiber network its rivals use – the network Broadweave now owns.

Broadweave closed its acquisition of Provo’s municipal fiber-to-the-premises network last Friday, having vowed in May to convert the operation from a strictly wholesale model to a vertically integrated retail one. That conversion implied an exit for the three retail service providers using the network at the time. In the months that followed, Broadweave acquired the customer base of Mstar, a service provider that had been leasing use of the network from the city. But it failed to reach agreements with NuVont, which focuses on residential customers, or Veracity, which focused more on business users.

In a statement released today, Broadweave CEO Steve Christensen said, “We looked at our sales growth while we also considered the high price tag for the last remaining service providers on the network. We decided to build on the customer base that we had already purchased, and consequently we have decided to win the rest of the customers rather than buy them.”

A Broadweave spokesperson said the company had signed agreements with NuVont and Veracity allowing the two to use the fiber network for “almost two more years.”

According to the Salt Lake Tribune, Nuvont has about 2,300 customers on the iProvo network, about one fourth of the total base.

A Broadweave spokesperson told the Tribune, “After operating the network for two months, Broadweave hit its goals for profitability. It didn't need Nuvont, and it didn't want to take on its debt."

“Take rates are up. Revenues are up,” Christensen said in today’s statement. “It is Broadweave’s hope to earn the loyalty of every business and residential customer in Provo.”

Neither NuVont nor Veracity immediately replied to requests for more information.