XC Networks Sells Multi-State Wireless Network in Northwest
For Immediate Release
(Chicago) January 5, 2009 – Great Western Communications, LLC announced today that it has acquired from XC Networks, Ltd., a point-to-point microwave network that stretches from the Great Plains through the Rocky Mountains to Seattle. As part of that transaction, it also acquired the rights to use a route that runs from Houston to Chicago and Chicago to Amarillo. The combined routes consist of nearly 200 state of the art sites.
Great Western will provide service to over 40 former XCN Telecommunications customers ranging from local ISP’s to some of the largest names in the telecommunications industry.
Alec J. Geist, President of Great Western said, “These routes compliment the existing telecom asset base of Great Western’s owners and offer a far reaching arm for products, services and Internet access marketed by Great Western and our affiliated companies.”
The company is owned by telecommunications affiliates of its three shareholder groups, Anderson Pacific, Pinpoint Holdings and Tri-Com, who collectively own assets in excess of $200 million in value, consisting of local telephone exchanges, cellular telephone businesses, cable television systems, CLEC’s etc. These companies are owners of Fiberlink, LLC’s multi-state fiber optic transmission routes that run from Chicago to Denver and Chicago to New Orleans and are mutually synergistic with Great Western’s routes.
The managing partner, Pinpoint Holdings, will oversee day-to-day management, marketing and billing for the network from its Nebraska offices. Oversight of XCN customers will be transitioned to the Great Western/Pinpoint Network Operations Center during the first quarter of 2009.
About Anderson Pacific Corporation: APC is a Chicago-based private investment firm specializing in developing and acquiring companies in the telecommunications industry. APC has organized transactions in cable television, competitive local exchange carriers, cellular service providers, regional statewide fiber optic companies, data centers, telecommunications towers and currently owns wireless spectrum holdings in the 700 MHz band.
About Pinpoint Holdings, Inc.: Pinpoint is a Nebraska-based company that provides an entire array of communication services with a nationwide secure broadband network. Services provided by Pinpoint include transport, voice over Internet, data center services, conventional Internet, local and long distance telephone services in addition to owning a tower and engineering company.
About Tri Com, LLC: Tri Com is an equal partnership between two local Illinois telephone companies founded over one hundred years ago and have grown to be innovative independent telephone providers of voice and data services to customers in its service territories in northwest Illinois. Both companies either collectively or separately have invested millions of dollars as investors in different strategic projects over the years.
About XC Networks, Ltd.: XC Networks is the leading provider of cross border communications between the United States and Mexico. XC Networks provides international high capacity wireless and fiber transport services to the World’s largest enterprises and carriers. XC Networks also operates more than 2500 cellular backhaul links throughout the Republic of Mexico utilizing its 23 GHz and 10.5 GHz spectrum portfolio.
# # #
Photos, interviews, and actualities are available upon request.
Christopher J. Jensen