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COPYRIGHT 2001 Crain Communications, Inc.
As the nation's largest messaging carriers suffer through a potentially disastrous economic decline, smaller carriers--those that only cover a few states--are also feeling the effects of the flagging industry. However, while many are losing their businesses to bankruptcy and consolidation, others seem to be weathering through the storm nicely, and a small few are even preparing to expand their operations.
Network Services L.L.C., a regional paging carrier with services in Arizona, Nevada and California, recently paid $6 million to gain the one-way paging assets of bankrupt TSR Wireless L.L.C. The company's subscriber base grew from several hundred thousand to about 2 million.
Brad Scott, the company's president, said Network Services had been pining for some way to expand its services nationally. The TSR Wireless bankruptcy just happened to create that opportunity, and for a fraction of what it would have cost the company to expand on its own.
"We were able to do it with a much lower cost," Scott said. "It would have cost us many, many...
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