Fairview, Utah – July 7, 2014 – CentraCom today announced the acquisition of fiber optics in Downtown Salt Lake City from Syringa Networks, LLC (“Syringa”). No financial terms are being disclosed and the closing of the transaction is subject to regulatory approvals.
Eddie Cox, President of CentraCom said: “We are very pleased with the acquisition of the fiber in Salt Lake City which will significantly expand our ability to provide businesses in the Downtown Area with high capacity broadband services. In addition, as part of the transaction, we are transferring to Syringa our Logan PCS Spectrum. We look forward to partnering with Syringa in the future on various expansion opportunities.”
CentraCom Interactive is the DBA of Central Utah Telephone Inc. which was founded in 1903 as the first Independent rural telephone company in Utah. Today, Central Utah Telephone, Inc., including subsidiaries and affiliates, provide broadband data transport, telecommunications, video, and other services to significant portions of rural and metropolitan Utah.This release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. It should be recognized that such information is based upon assumptions, projections and forecasts which may not prove to be correct or may develop differently from the manner originally expected.