Cable Technology Feature Article
Xfone Subsidiary NTS Acquires Customers and Cable Assets in Western Texas
By Meenakshi Shankar, TMCnet Contributor
NTS Communications, Inc. a wholly owned subsidiary of Xfone (News - Alert), Inc. and a provider of integrated voice, data and video solutions, and Reach Broadband, a company that offers digital cable television and high speed internet to the southern midwest of the US, have signed a definitive agreement for the purchase of approximately 1,800 cable customers as well as equipment in Brownfield, Anton, Abernathy, Hale Center, Idalou, O’Donnell, Olton, and Tahoka, Texas.
“We are pleased to have the opportunity to provide our state of the art Fiber-To-The-Premise (FTTP) Triple Play (News - Alert) service to customers in these new markets. We expect to provide these customers with excellent service and the opportunity, over time, to upgrade their subscription to include high speed Internet, Voice and enhanced Video,” Guy Nissenson, president and chief executive officer of Xfone, said in a press release.
NTS Communications is regarded as the leading integrated telecommunications in the Southwest. NTS (News - Alert) core markets are in Texas, Louisiana, and Mississippi. NTS provides Local, Long distance, Broadband, private line, Ethernet over Copper, MPLS, and the aforementioned FTTU Triple Play that provides Local, Broadband and digital TV.
The transaction, as stated, is expected to close, subject to various approvals, on December 1, 2011.
In related news, on July 1, 2011, the company closed its purchase from CoBridge Telecom of approximately 2,400 cable customers as well as equipment in Levelland, Littlefield, Morton, Slaton and Colorado City, Texas.
Meenakshi Shankar is a TMCnet contributor. To read more of her articles, please visit her columnist page.
Edited by Jennifer Russell