Hays, Kansas June 2014 – Nex-Tech Wireless and TC Wireless, a subsidiary of Tri-County Telephone Association based in Council Grove, (TCT) announced today that they have entered into a purchase agreement under which TC Wireless will acquire a 10% interest in Nex-Tech Wireless. The agreement has been approved by both companies’ board of directors/managers.
The partnership will enhance the spectrum holdings of Nex-Tech Wireless allowing for expansion into East Central Kansas. The transaction represents a major initiative by both companies to provide customers with superior wireless products and services; as well as local customer service and support. The deal is expected to close after receiving all necessary regulatory approvals. The first phase of a three phase build plan is expected to be completed in 2015.
“This agreement will provide Nex-Tech Wireless the opportunity to expand our footprint and strengthen coverage throughout Central and Eastern Kansas,” said Jon Lightle, CEO of Nex-Tech Wireless. “Nex-Tech Wireless will gain an owner who has a rich history providing telecommunication services.”
Lightle continued, “This is a growth opportunity for Nex-Tech Wireless and will strengthen our financial position and ability to compete in the increasingly competitive wireless marketplace. Our focus will continue to be providing superior network coverage to the rural communities throughout Kansas. Because we are a local company, backed by owners who have served their communities for many years, we can better meet the needs of customers and business owners.”
TCT CEO Dale Jones said, “The partnership with Nex-Tech Wireless is a perfect fit for our company. This will provide our customers, in the future, with the latest wireless services and products, while maintaining the first-class customer service from a local company that they trust. The partnership is a great opportunity for TCT while providing quality communications solutions for our communities.”
About Nex-Tech Wireless
Nex-Tech Wireless, owned byNex-Tech Inc./ Rural Telephone, Golden Belt Telephone and Mutual Telephone, is a premiere wireless provider offering high-tech wireless solutions to residents in 40 counties of central and western Kansas as well as local coverage to 4 counties in Colorado. Nex-Tech Wireless focuses on providing its customers cutting edge technology including data and mobile services, as well as the latest wireless equipment and competitive wireless plans that provide nationwide coverage. For more information, visit www.nex-techwireless.com
Located in the Kansas Flint Hills TCT provides the latest in quality broadband services and technology to their customers in seven counties. In 2013 TCT completed its multi-million dollar Fiber to the Premise construction project which delivers a broadband connection to every one of their rural landline customers. TCT continues to research cutting edge technologies and services; allowing TCT’s customers to experience the most advanced communications services available. To learn more about TCT please visit their website tctelco.dev.tilpropreview.com.