ALTIUS strengthens wireless business with acquisition of Indiana service provider
August 15, 2013 in Press Releases
Hunt Valley, MD | - ALTIUS Communications, a leading provider of wireless technology solutions and services, today announced that it has acquired the wireless assets of internet service providers RTC Communications in Montgomery, Indiana. RTC's wireless assets will be merged into the ALTIUS Broadband brand and receive upgrades to back haul and last mile networks.
ALTIUS, a private company based in Hunt Valley, MD has grown organically and through acquisitions since 2005. These latest deal brings the number of acquisitions to four in the last 4 years. This new market includes all technology, customers and tower assets.
The acquisition reinforces ALTIUS's commitment to invest in rural markets to provide high-speed internet access. The ALTIUS management team is committed to bringing broadband access to all parts of rural America and to continue to "bridge the digital divide."
Jim Connor, CEO, ALTIUS Communications: "This is a fantastic opportunity for our organization as it is expected to contribute to both our profitability and our success for years to come. We also believe our new customers from this new market will see immediate improvements in both speeds and customer support".
Under the terms of the transaction, ALTIUS will take full ownership of the company's wireless assets and assume general operations and technology oversight. ALTIUS and the RTC management teams are committed to a smooth transition and will work together over the next few months to assure the continued strong customer and technical support. The spirit and agility of this WISP operation will be strengthened by all the support and advantages that ALTIUS can provide.
About ALTIUS Broadband:
Headquartered in Hunt Valley, MD, ALTIUS Broadband was established in 2006 with the goal of providing the underserved regions of rural USA with a one-of-a-kind, flexible, and blazing fast Internet Service. They currently have operations in Maryland, Indiana and Kentucky and are looking to grow to other states in the coming months. Their unique ability to provide Broadband access makes them the ultimate solution for all of your Internet Service needs, whether it is in your home or office at http://www.altiusbroadband.com