|[June 11, 2014]
C Spire to acquire MegaGate Broadband as part of efforts to expand and diversify its core telecommunications and technology services business
RIDGELAND, 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
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.
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