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TMCNet:  Z Wireless acquires stores of Select Communications

[January 09, 2013]

Z Wireless acquires stores of Select Communications

Jan 09, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- Z Wireless, a retailer of Verizon Wireless voice and data communications services, has acquired most of the stores from Select Communications, Inc., a marketer and seller of a full suite of Verizon Wireless products and services. Both the companies are based in the US.
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Select operates 47 stores throughout Alabama, Iowa, Minnesota, Mississippi, North Dakota, and Wisconsin in the US.

In addition, Z Wireless has also acquired 84 stores of The Wireless Center, Inc.

Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2013-01-08 Deal Participants Target (Company) Select Communications, Inc. - Stores - US Acquirer (Company) Z Wireless Vendor (Company) Select Communications, Inc.

Deal Rationale The acquisitions will allow Z Wireless to further expand in new markets and to build its presence in rural and suburban markets in the US.

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