Rural-Rooted Group Plans to Leverage Expertise and Make Other Strategic Acquisitions
On December 31, 2013, USConnect Holdings, Inc. and The Livingston Telephone Company announced that the two companies have closed on their agreement for USConnect to acquire all the outstanding equity of Livingston Telephone.
USConnect was formed to leverage the collective industry commitments, capabilities and expertise of its employees, investors and industry partners to provide advanced communications and technology services to the communities it serves. The Livingston Telephone acquisition represents the first transaction USConnect expects to announce over the coming months.
"Livingston Telephone has a long history of serving the communications needs of the residents and businesses of Livingston, Texas and surrounding rural areas of Polk County," said Denny Law, general manager and chief executive officer of Golden West Telecommunications and chairman of the board of USConnect. "We look forward to continuing that tradition as we leverage the collective capabilities and expertise of the Livingston Telephone and USConnect teams."
Press Release