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Follow on Google News | Utility Telephone to Acquire Nevada's WPTI TelecomUtility Telephone, Inc. (Utility), provider of business telecommunications in California and Northern Nevada, announced a definitive agreement to acquire the customer base and network assets of Minden-based DSL and VoIP provider WPTI Telecom, LLC.
By: Utility Telephone, Inc. WPTI’s customer base will now be offered new services such as Ethernet-over- “We are very excited to add a large group of loyal customers to the Utility Telephone family,” said Jason Mills, Founder and CEO of Utility Telephone. “Customers demand and deserve reliable service from a company that has a local presence and is accountable. WPTI is an excellent provider with that same ‘local touch’, and we know that these new members will be pleased to experience the exceptional value that all customers receive from Utility Telephone.” Douglas County’s incumbent telephone provider, Verizon Communications, recently sold their assets to Frontier Communications of Rochester, NY. The Utility-WPTI deal will provide even more options for business-class communications in the region. Earlier this year Utility added local direct sales teams and service technicians, and this transaction further enhances Utility’s market share and depth in the Reno-Douglas market. “Utility Telephone is an excellent match in size, culture and approach to the market for our customers. We know that they will be in good hands,” said Tony Prestigiacomo, Chief Executive of WPTI Telecom. “Utility’s leadership and customer care are unmatched. I can’t think of a better organization to further shepherd the relationships we’ve cultivated with customers here at WPTI.” This transaction is subject to closing terms and conditions, including regulatory approvals, expected in Q3 2010. Following approval, customers will experience no degradation of service and transfer to Utility’s systems will be expertly executed. # # # About Utility Telephone: Founded in 1996 and based in Stockton, CA, Utility Telephone provides business-to- About WPTI: WPTI Telecom LLC, established in 1997, is a choice provider of Internet connectivity and co-location solutions for broadband and mission-critical applications in Northern Nevada. Learn more about WPTI; visit them at www.wpti.net. End
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