Warwick Valley Telephone Company Announces Completion of Acquisition of USA Datanet Assets
WARWICK, NY--(Marketwire - April 30, 2009) - Warwick Valley Telephone Company (NASDAQ: WWVY)
(the "Company" "WVT") announced today that on April 24, 2009 a subsidiary
of the Company, WVT Business Communications, completed the acquisition of
the hosted VoIP, conferencing and wholesale assets of USA Datanet of
Syracuse, New York. USA Datanet is a provider of business telecommunication
services to a nationwide customer base. This is the first acquisition by
the Company in over 80 years and provides significant new growth
opportunities through the expansion of our service area and scope of
product offerings. This acquisition is a step in the execution of our
corporate strategy to expand our business beyond our regulated franchise
area. WVT looks forward to providing customers in the expanded footprint
with the same high level of customer service that the Company has been
providing to customers for more than 100 years.
April 30, 2009 | Filed Under
Mergers and Acquisitions Comments