NEWS

Telrite Holdings Inc. Announces Purchase of Locus Telecommunications and H2O Wireless

Thursday, Jan 24, 2019

Telrite Holdings, Inc. today announces an agreement to purchase Locus Telecommunications and H20 Wireless. Pending regulatory approval, the acquisition positions the company as one of the largest mobile virtual network operators (MVNO) in the pre-paid space.

The acquisition of H2O Wireless enables us to expand our footprint and ability to serve a range of customers not well served by other providers,” said William Curry, Chief Strategy Officer at Telrite Holdings, Inc. “We will continue to provide great service and value to our existing customers and those joining us via H2O Wireless.”

Locus Telecommunications and its 200 employees along with its valued distributors will continue operating as they are today. H2O Wireless customers and distributors will have access to enhanced offerings under Telrite’s operational structure.

“The entire Telrite family is excited to work with Locus’ management, employees, and distributors to continue providing best-in-class service to customers,” said Reggie McFarland, Chief Executive Officer at Telrite.

 

Source: businesswire.com

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