MONTANA — Vitalis Smart Communities, the nation’s leading telecom advisory platform, announced the successful negotiation and execution of five bulk internet agreements across a Montana multifamily portfolio, converting all five properties from individual retail internet agreements to a unified bulk fiber structure. The properties span Missoula, Kalispell, and Bozeman and cover 818 units in total.

Vitalis has served as a telecom advisor to this multifamily owner across several properties nationwide. Vitalis was brought in to analyze and negotiate the telecom contracts for ownership’s Montana assets. Four of the five properties remained under retail agreements with one provider, with an average of five years left on term and 90 percent penetration, giving the provider little incentive to convert the properties on a one-off basis early. Vitalis bundled all five assets into a single portfolio, leveraging the scale of the portfolio to renegotiate and convert the retail agreements to bulk fiber years ahead of schedule.

The new bulk fiber agreement is projected to generate close to $500,000 in additional annual net operating income for ownership, translating to approximately $8.2 million in value creation across the five assets.

“Most providers won’t renegotiate a retail agreement early on a one-off basis, especially with penetration rates near 90 percent and years left on term. We saw an opportunity to change that math by bringing the Montana portfolio to the table. That scale is what allowed us to convert all five properties to bulk fiber years ahead of schedule,” said Maz Khan, President and Co-Founder of Vitalis Smart Communities.

About Vitalis Smart Communities

Vitalis Smart Communities is the nation’s leading telecom advisory firm specializing in connectivity solutions for multifamily communities, HOAs, COAs, and developers. The firm designs and negotiates bulk internet, managed Wi-Fi, and smart building infrastructure that increases property value and enhances resident experience.

Media Contact: Abigail Kind 802.881.9278