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TelePacific pushes into fixed wireless with NextWeb acquisition

TelePacific Communications has received the green light from regulators to finalize its acquisition of NextWeb Inc., also known as Covad Wireless. The deal will give the competitive local exchange carrier a new foothold in wireless with NextWeb’s broadband fixed wireless carrier operations in California, Nevada and Chicago.
TelePacific picks up NextWeb’s WiMAX network, a licensed microwave backhaul network and a wireless network operating in licensed local multipoint distribution service spectrum. The deal also includes about 3,500 broadband fixed wireless business customers in California, Nevada and suburban Chicago.
“We are pleased to welcome Covad Wireless customers to the TelePacific family and look forward to introducing them to TelePacific’s signature customer service,” said Dick Jalkut, President and CEO of TelePacific. “The additional resources we gained through this acquisition—the fixed wireless network and experienced wireless team, have enhanced our ability to serve our customers. Each new acquisition has made us stronger and TelePacific is well-positioned to expand its market share.”
TelePacific offered to keep all of Covad Wireless’ existing employees on board. Financial terms of the deal were not disclosed.

ABOUT AUTHOR

Matt Kapko
Matt Kapko
Former Feature writer for RCR Wireless NewsCurrently writing for CIOhttp://www.CIO.com/ Matt Kapko specializes in the convergence of social media, mobility, digital marketing and technology. As a senior writer at CIO.com, Matt covers social media and enterprise collaboration. Matt is a former editor and reporter for ClickZ, RCR Wireless News, paidContent and mocoNews, iMedia Connection, Bay City News Service, the Half Moon Bay Review, and several other Web and print publications. Matt lives in a nearly century-old craftsman in Long Beach, Calif. He enjoys traveling and hitting the road with his wife, going to shows, rooting for the 49ers, gardening and reading.