Sparkplug Expands Business Broadband and VoIP Presence in Arizona
Acquires MetroBridge Networks' Phoenix assets.
Scottsdale, AZ May 21, 2010 - Sparkplug Communications, a provider of wireless business broadband voice and data services based in Scottsdale, Ariz., today announced that it will be expanding its wireless broadband presence in Arizona through the acquisition of certain business assets from MetroBridge Networks, a Vancouver, B.C. based public company.
Under the terms of the newly signed definitive agreement, Sparkplug will acquire MetroBridge's assets operating in Phoenix, Ariz. including all customer contracts, network infrastructure and related assets. This acquisition will contribute immediate positive EBITDA to the company and provide deeper coverage in Mesa and South Phoenix. It will also increase Sparkplug's Points of Presence (PoPs) in the Valley by 33 percent and bolster its customer base by 13%.
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Sparkplug Expands its Business Broadband and VoIP Presence in Arizona With Acquisition of MetroBridge Networks' Phoenix Assets