TelePacific Corp. acquires Tel West Network Services
Largest revenue after AT&T
LOS ANGELES, Calif.—Los Angeles-based U.S. TelePacific Corp. announced today it has signed a definitive agreement to acquire Tel West Network Services Corp. of Texas.
TelePacific, which does business as TelePacific Communications, says it has the largest revenue market share for small and medium size business customers in California and Nevada after AT&T, Verizon and CenturyLink. The company and its 1,300 employees manage over 38,000 business accounts.
Tel West provides telecommunication services to approximately 3,400 small and medium-size businesses, enterprise customers and government accounts across Texas, including high speed internet and other telecommunications services.
“The acquisition of Tel West will provide TelePacific with a solid foundation for future growth in Texas,” said TelePacific chairman and CEO Dick Jalkut.
The combined company will be headquartered in Los Angeles and led by Jalkut. Tel West will continue to operate under its own name and under the leadership of Jeff Swickard, who will remain Tel West president. The terms of the acquisition were not disclosed.
Major wireless (cell phone) corporations should be conscious of the fact that much of their business and future depends heavily on the African American community. Fortunately, Verizon and AT&T understand this and are heavily involved in our community. T-Mobile will become much better if the merger with AT&T takes place (AT&T guarantees this). The others should take serious notice with the latest studies now being released.
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