M&A Deal Summary

Vexus Acquires Xfone USA

On February 1, 2008, Vexus acquired communications company Xfone USA

Acquisition Highlights
  • This is Vexus’ 1st transaction in the Communications sector.
  • This is Vexus’ 1st transaction in the United States.
  • This is Vexus’ 1st transaction in Mississippi.

M&A Deal Summary
Date 2008-02-01
Target Xfone USA
Sector Communications
Buyer(s) Vexus
Deal Type Add-on Acquisition
Advisor(s) Oberon Securities (Financial)

Target

Xfone USA

Jackson, Mississippi, United States
Xfone USA, Inc. provider of high speed broadband services, including Internet access, digital cable TV programming and local and long distance telephone service to residential and business customers in northern Texas and southeastern Louisiana.

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Buyer(S) 1

Buyer

Vexus

Lubbock, Texas, United States
Category Company
Founded 1981
Sector Communications
DESCRIPTION

Vexus is a provider of high-speed broadband services, including internet access, digital TV and other services to residential and business customers in northern Texas and southeastern Louisiana. Vexus was founded in 1981 and is based in Lubbock, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Mississippi) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
Mergr

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