TelePacific Communications on Tuesday announced completing its acquisition of Tel West Network Services Corp., a communications provider based in Austin, Texas.
Los Angeles-based TelePacific said the acquisition gives it a strong presence in Texas, the fastest growing U.S. market for small and medium-sized businesses. The communications provider also picks up 3,600 business accounts and a fiber network that serves six metropolitan areas.
TelePacific, which competes with the likes of AT&T and Verizon in California and Nevada, said the Tel West deal in Texas enables the company to cover roughly 20 percent of small and medium businesses in the nation.
Entering the Texas market is a strategic milestone for TelePacific,” TelePacific President and CEO Dick Jalkut said in a statement.
TelePacific will keep the Tel West name, and Jeff Swickard will continue to serve as president of Tel West.