TMCnet News
C Spire to acquire MegaGate Broadband as part of efforts to expand and diversify its core telecommunications and technology services businessRIDGELAND, Miss. --(Business Wire)-- Continuing efforts to expand its portfolio of services and diversify its core telecommunications and technology services portfolio, C Spire announced plans today to acquire MegaGate Broadband, a regional provider of IP voice, data, and business telecommunications solutions. Headquartered in Hattiesburg, MegaGate serves most Mississippi business markets as a competitive local exchange telecommunications provider and as an Internet service provider. Founded in 1990, the company began operations in 1998 as a division of Cellular One, a wireless communications provider serving markets in south Mississippi. "We're excited about becoming part of a company that shares our long tradition of passionately focusing on superior customer service," said Kevin Pack, CEO of MegaGate. "What makes this such a great combination is that we know our customers will be in good hands as C Spire brings its customer-inspired approach to their business technology and communications needs." The acquisition, which requires regulatory approval, is the latest in a series of moves by C Spire that signal the company's accelerated and expanded focus on innovative business, government, and consumer technology solutions. Last September, C Spire launched the nation's largest statewide initiative to bring 1 Gbps fiber-based Internet access to homes in nine Mississippi cities. In February, the company acquired Mobile, Alabama-based Calis Communications, a fast-growing provider of cloud-based communications services for businesses. In one of its most aggressive efforts, C Spire plans to open in November a new $23 million Tier III+ data center in Starkville, Miss., which will power a full suite of enterprise cloud services and solutions for businesses across the Southeast region. "Like C Spire, MegaGate has a highly experienced team with a long tradition of serving its customers with excellence, making this a winning combination," said Kevin Hankins, COO for C Spire. "Both companies share the imperative of putting customers first, providing reliable service and great overall value." C Spire expects final regulatory approval of the merger within the next 60 days. Started in 1998 as a division of Cellular One, MegaGate became a facilities-based competitive local exchange carrier and Internet service provider, initially offering dial-up Internet service to its wireless customers, and later adding voice, data, hosted phone service, and a variety of other telecommunications solutions to small and medium sized businesses throughout the state. About C Spire C Spire is a diversified telecommunications and technology services company that provides world-class customer-inspired service and a superior comprehensive suite of customer-inspired wireless communications, high-speed Internet access and a range of other telecommunications products and services to consumers and businesses. This news release and other announcements are available at www.cspire.com/news. For more information about C Spire, visit www.cspire.com or follow us on Facebook (News - Alert) at www.facebook.com/cspire or Twitter (News - Alert) at www.twitter.com/cspire. |
