VTX1 buys Georgetown internet service provider
Jan. 19 – Wireless service provider VTX1 Companies has acquired a Georgetown, Texas-based internet service provider as the Raymondville-based company continues to expand its presence in the state.
VTX1 announced that it has purchased SOS Communications, which has operated in central Texas since 2007. SOS has a service area of over 3,500 square miles and 3,000 subscribers.
“We are very pleased with the acquisition by VTX1, as it provides the technical and financial resources necessary to become a recognized leader in fiber optic broadband and streaming services for homes and businesses in Central Texas, Texas. one of the fastest growing regions in the country,” said Jerry Stephens, COO of SOS Communications.
The acquisition of SOS is the fourth in less than five years for VTX1, which provides residential and business Internet services, and expands the Internet provider’s customer base to more than 37,000 customers.
The acquisition of SOS – a price has not been disclosed – marks VTX1’s first foray outside of South Texas. Previous acquisitions have added operations and subscribers in the Victoria, San Antonio and Seguin areas.
VTX1 currently occupies more than 8,000 miles of network installations statewide, as well as 279 fixed wireless towers. The acquisition of SOS will expand VTX1’s service territory to approximately 46,500 square miles and increase their fixed wireless inventory by 18%, company officials said.
“We look forward to this opportunity to partner with SOS, a company that is good at managing its community and believes that broadband should be accessible to everyone,” said Dave Osborn, CEO of VTX1. “We are excited to expand into a new region of Texas that is vibrant and growing and we are poised to make a difference in the lives of families and businesses, for whom broadband is an essential necessity for life in 2022. .”