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MobilePro has acquired InReach Internet, a leading independent Internet service provider based in Stockton and Oakland, Calif.
November 1, 2005
BETHESDA, Md. -- MobilePro Corp. (OTC Bulletin Board: MOBL) announced today that it has acquired InReach Internet, a leading independent Internet service provider based in Stockton and Oakland, Calif. Terms were not disclosed.
Jay Wright, MobilePro chairman and CEO, said, "InReach is a highly respected California-based ISP. Not only will the acquisition immediately add to our revenue and cash flow per share, it also provides us a solid base of operations for our wireless build-out of Sacramento and other cities in Northern California. I look forward to working with Lisa Bickford and her team to maintain InReach's tradition of excellent customer service while bringing new products to InReach's customers, such as local voice service, long distance and cellular service and expanding InReach's high-speed connectivity product mix."
Lisa Bickford, president of InReach, said, "We believe that Jay and the rest of the MobilePro management team will provide our customers greater value by offering a complete bundle of products and services. MobilePro is one of the leaders in offering a full range of telecommunications services nationwide, and we are pleased to become part of the company."
MobilePro Corp.
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