LOS ANGELES, Calif.–Los Angeles-based U.S. TelePacific Corp. announced today it has signed a definitive agreement to acquire Tel West Network Services Corp. of Texas.
TelePacific, which does business as TelePacific Communications, says it has the largest revenue market share for small and medium size business customers in California and Nevada after AT&T, Verizon and CenturyLink. The company and its 1,300 employees manage over 38,000 business accounts.
Tel West provides telecommunication services to approximately 3,400 small and medium-size businesses, enterprise customers and government accounts across Texas, including high speed internet and other telecommunications services.
“The acquisition of Tel West will provide TelePacific with a solid foundation for future growth in Texas,” said TelePacific chairman and CEO Dick Jalkut.
The combined company will be headquartered in Los Angeles and led by Jalkut. Tel West will continue to operate under its own name and under the leadership of Jeff Swickard, who will remain Tel West president. The terms of the acquisition were not disclosed.
