TNCI names Bill Farwell as CFO, gears up for more M&A

Tools

TNCI has named telecom veteran Bill Farwell as its new CFO at a time when the service provider is expanding its network and service reach through a series of targeted acquisitions.

A 20-year financial services veteran, Farwell comes to TNCI with a wealth of experience overseeing the financial operations for a number of fortune 500 and start-up companies.

Farwell previously worked for a variety of telecom and service companies including Total Call International, VOCE Wireless, Spotlight Health and The Walt Disney Company (NYSE: DIS). He has been working in the telecom industry since 2004.

He will oversee the company's goals to seek out and explore profitable partnerships, acquisitions and other business opportunities that TNCI says will help it "reach its goal of becoming a national telecommunications Tier 1 provider of retail and wholesale services."

Acquisitions are a key part of TNCI's growth strategy. The service provider acquired Pac-West Telecomm and UniPoint Holdings (UPH) last August.

Jeff Compton, TNCI's CEO, told FierceTelecom in a previous interview that it plans to acquire three to five other facilities-based providers. Farwell will play a key role as it pursues these potential deals.

For more:
- see the release

Related articles:
Pac-West Telecomm, UPH to be acquired by TNCI
Trans National Communications International files for Chapter 11 protection