TelePacific to Acquire O1 Communications’ Network
Los Angeles, 8/2/2010 - TelePacific Communications, today announced a definitive agreement to acquire the SMB customer base and network of O1 Communications (“O1”). TelePacific will also acquire a SAS 70 Type II certified data center located in Sacramento, California....Customers will benefit from TelePacific’s network footprint in California as well as Nevada and wide area networking capabilities globally. The 18,500 square foot SAS-70 certified data center {server colocation } will allow TelePacific to offer additional managed services to existing and new customers which TelePacific will integrate into its MPLS network upon close.
Closing of the transaction is subject to customary closing conditions, including federal regulatory approvals. TelePacific will assume operational responsibility for the O1 SMB customer base following regulatory approval, expected in the third or fourth quarter of 2010. Throughout the closing process, there will be no impact to O1’s SMB customer service or support, and TelePacific and O1 will work together to ensure a seamless transition of customer service.
About TelePacific CommunicationsTelePacific Communications is a competitive carrier that serves customers throughout California and Nevada. Headquartered in Los Angeles, the Company is the leading competitive carrier in its footprint, with customer care centers in Los Angeles and Stockton in California and Las Vegas in Nevada. In business since 1998, TelePacific provides services through a combination of TelePacific-owned switches and network infrastructure, including its own and leased robust fiber-optic network assets. Offering local and long distance voice, dedicated Internet access, private networking and data transport services as well as bundled voice and Internet solutions and wholesale services, TelePacific manages more than 39,000 customer accounts with more than 1.1 million access lines in service.