TelePacific Wraps Covad Wireless Buy

TelePacific Communications on Friday announced completing the acquisition of NextWe, Inc., a broadband fixed wireless carrier doing business as Covad Wireless.

Through the acquisition, TelePacific has picked up 3,500 broadband fixed wireless business customers in California, Nevada and suburban Chicago.

Los Angeles-based TelePacific said it now controls a WiMAX-featured wireless broadband network, a licensed microwave backhaul network, and a high bandwidth wireless network operating in licensed LMDS spectrum.

TelePacific said it extended employment offers to all Covad Wireless employees. 

Financial terms of the agreement were not disclosed.

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