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Announced

Completed

iCON Infrastructure Partners-backed TruVista completed the acquisition of PlantTel.

Synopsis

iCON Infrastructure Partners-backed TruVista, a provider of Broadband services and associated applications, completed the acquisition of PlantTel, a provider of telecommunications solutions. Financial terms were not disclosed. "The sale of PlantTel to TruVista and iCON represents the logical next step in the transformation of PlantTel into a regional fiber-based broadband solutions provider. With TruVista's resources, PlantTel will be well-positioned to continue to serve its existing markets while expanding the availability of its high-quality communications services to new communities. Our family has owned PlantTel for 126 years, and we are confident that TruVista and iCON will be the ideal stewards of PlantTel's legacy of providing industry-leading communications services to the customers and communities of South Georgia," Danny Sterling, PlantTel President and CEO.

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