PHOENIX, AZ -- International FiberCom, Inc. today announced the acquisition, effective June 2, 2000, of Lake Worth, Fla.-based Premier Cable Communications, a privately held company specializing in underground and aerial installation of telecommunications infrastructure, including residential installations or "drops" for telecommunications providers. Premier has more than 300 permanent employees and maintains 17 locations in 10 states East of the Mississippi. For the year ended Dec. 31, 1999, Premier had revenues of $17 million and was profitable. The acquisition, which was valued at $15 million, will be accounted for as a pooling of interests. Further terms were not disclosed.

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