Last week, Monrovia City Staff was informed that Giggle Fiber, currently owned by Dave and Mark Haverkate, will be sold to a resident of Bradbury. It appears that the Haverkate’s have been in discussions for a few months with an individual named Jim Chiu, who established and operates a telecommunications company known as Vertex Telecom, Inc. (Vertex). Vertex provides cost-effective convergent telecommunication services for the Asian-American community. Their services portfolio includes prepaid solutions and post-paid solutions to individuals, TDM voice, integrated voice and data, VoIP and IP PBX, and managed MPLS VPN solutions to enterprises. Vertex and each of its subsidiaries are also all ISO 9001:2000 certified.
According to the Haverkate’s, there are no plans to alter any aspect of the existing Giggle Fiber operation, and, in particular, it was shared with staff that the existing Memorandum of Understanding between Giggle Fiber and the city would remain intact. Furthermore, staff was informed that Chiu has every intention of expanding Giggle Fiber’s service area to locations not currently serviced by the company, and in particular, the Haverkate’s shared that Chiu’s background with Vertex Telecom has provided him with experience in expanding communication, telephone, internet, and data services into new markets, which will help with Giggle Fiber’s future growth plans.