Home - , , , - H2O Wireless and Locus Telecommunications to be Acquired by Telrite Holdings, Inc.

H2O Wireless and Locus Telecommunications to be Acquired by Telrite Holdings, Inc.

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Telecom provider Telrite Holdings, Inc. has revealed its plans to purchase H2O Wireless and Locus Telecommunications.

As of this writing, the acquisition still needs approval from regulatory boards. But once it pushes through, it will rank itself as among the largest MVNOs serving the pre-paid market.

Telrite Holdings, Inc. currently offers service to a broad market with various needs. It does so with several companies that it subsidizes. Among the names include Pure TalkUSA, Life Wireless, and Telrite Corporation.

Once the Locus/H2O Wireless acquisition will be approved, the company will be able to expand its footprint and serve no-contract wireless customers under GSM networks.

According to the company's Chief Strategy Officer William Curry, they intend to continue providing "great service and value to our existing customers and those joining us via H2O Wireless."

When the acquisition is complete, the customers and distributors of H2O Wireless will have better access to improved offerings under the operational structure of Telrite. Locus Telecommunications, on the other hand, will continue operating with its 200 employees and distributors.


Source: BusinessWire 

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6 comments:

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  1. My only concern with this is, will H2O still operate under AT&T's towers (indefinitely)? I don't know much about the company that's trying to purchase, but what I do know is "some" acquisitions end up changing the dynamics of which towers will be operated under afterwards. Especially "if" the buyer already has a great deal somewhere else operating under another carrier's towers.

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  2. Hi everyone,

    Telrite already is with Airvoice (AT&T)MVNO. Their old APN settings used the Telrite name. They just changed them over to AT&T so no rejections would occur.

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    Replies
    1. I'm not sure where you got that from, but Telrite is not with Airvoice. They are two separately owned businesses.

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  3. Yes, but they "used to" you can check their old APN settings...........

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    1. However, Pure Talk, which is subsidized by Telrite used both the ATT network and the TMobile newrork.

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    2. Never mind my previous comment. I was confusing Pure Talk with TPO, both of which I have used in the past.

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