Verizon to Acquire Wireless Operating Assets in New Mexico
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[February 23, 2012]

Verizon to Acquire Wireless Operating Assets in New Mexico

Feb 23, 2012 (Close-Up Media via COMTEX) -- Verizon Wireless announced it has signed a definitive agreement to purchase wireless operating assets in New Mexico RSA #6 (operated under the brand name Plateau Wireless), owned by E.N.M.R. Telephone Cooperative and its subsidiary Plateau Telecommunications.


According to a release, the purchase will expand Verizon Wireless' brand and network footprint in southeastern New Mexico to the counties of Eddy, Chaves, Lea and a portion of Lincoln that it doesn't already serve. Financial terms are not being disclosed. The transaction is subject to FCC approval and is expected to close in mid-year 2012.

The Company reported that the purchase includes Plateau Wireless' Cellular, PCS and AWS spectrum, customers, and related GSM operations in the southeastern New Mexico market. The licenses and the operating assets being acquired cover a rural population of 259,000 and approximately 26,100 square miles, including state highways US 285, US 54 and US 70. Major population centers include Roswell, Carlsbad, Artesia and Hobbs, New Mexico.


"We look forward to expanding our presence and coverage in rural New Mexico and in welcoming Plateau Wireless' customers to the nation's most reliable network," said Brian Danfield, president of Verizon Wireless' Southwest Region.

More Information: www.verizonwireless.com ((Comments on this story may be sent to newsdesk@closeupmedia.com))

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