World VoIP NewsVoIP services company KeyOn expands operations in Iowa by acquisition of Onawave Wireless
VoIP services company KeyOn expands operations in Iowa by acquisition of Onawave Wireless
KeyOn Communications Holdings, Inc. , a prominent provider of VoIP services, as well as wireless broadband and satellite video technologies in the United States, announced it has completed its purchasing process of substantially all of the wireless broadband assets of Onawave Wireless, which massively enlarge the company's operational network presence in Iowa.
‘’Onawave Wireless’’ represents the third acquisition of network assets and subscribers in Iowa under Rural UniFi since its inception in the fourth quarter of 2009.
As per press releases, Rural UniFi is a strategic acquisition initiative created for independent wireless broadband companies to realize immediate value of related networks by being acquired or merging with KeyOn. This parches is KeyOn's seventh acquisition under the Rural UniFi program, and the company's eleventh acquisition overall.
Jason Lazar, KeyOn's Vice President of Corporate Development and General Counsel, stated, "The purchase of Onawave adds to our operations in Iowa and allows us to reduce operating costs by integrating an adjacent KeyOn network into a single Internet termination point. As a result, this transaction is immediately accretive."
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