Transtelco has completed its acquisition of XC Networks, enhancing its fiber and wireless assets to serve its growing customer base in Texas and in Mexico.
Like Transtelco, XC Networks owns and operates a number of data centers, fiber networks, and fixed wireless services.
"The combined Network and enhanced Portfolio of Services accelerates Transtelco's growth and allows us to meet the growing demands of Enterprise and Carrier customers," said Miguel Fernandez, CEO of Transtelco, in a release.
Oppenheimer & Co. Inc. served as the financial advisor and placement agent for Transtelco, while MC Credit Partners LP and affiliates led and provided acquisition financing.
This acquisition is another step Transtelco is taking to grow its network inside Mexico and along the border in Texas. In January, the service provider completed the buildout of its metro fiber network in Mexico City, enabling it to address growing wholesale and enterprise service opportunities in a high growth Latin American country.
- see the release
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