SCOTTSDALE, Ariz. – Sparkplug Communications, a provider of wireless business broadband voice and data services, announced it will be expanding its wireless broadband presence in Arizona through the acquisition of certain business assets from, MetroBridge Networks, a Vancouver, B.C.-based public company.
Under terms of the agreement, Sparkplug will acquire MetroBridge's assets operating in Phoenix, including all customer contracts, network infrastructure and related assets. The acquisition will contribute immediate positive EBITDA to the company and provide deeper coverage in Mesa and South Phoenix.
It will also increase Sparkplug's Points of Presence (PoPs) by 33 percent and bolster its customer base by 13 percent.
"We continually look for opportunities to drive better market penetration and integrating MetroBridge into our network broadens our technology footprint in the Valley significantly.” said Sparkplug CEO Michael Ruley.
The acquisition is expected to close by the end of second quarter.
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