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Verizon To Acquire Central Kentucky’s Bluegrass Cellular

By John F. Heerdink, Jr.

As per reports, Verizon Communications, Inc. has agreed to acquire a rural wireless operator serving central Kentucky, Bluegrass Cellular. Bluegrass Cellular provides service to 210,000 customers in 34 counties in rural service areas 3, 4, and 5 in central Kentucky.

Bluegrass customers will receive information regarding the acquisition and the extent of services that will be available from Verizon, including wireless data services.

“We are excited to acquire certain assets of Bluegrass Cellular and expand our footprint in Kentucky. We look forward to welcoming Bluegrass customers and employees into the Verizon family and providing them with reliable wireless service alongside a best-in-class customer experience.” stated Ronan Dunne, Executive Vice President, and Group CEO, Verizon Consumer Group.

The agreement is set to close by the end of this year or early next year and is subject to FCC and other regulatory approvals.

Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technology solutions that improve the lives of its customers. To learn more about Verizon Communications, Inc. (VZ), and to track its progress please visit the Vista Partners Verizon Communications Inc. Coverage Page.






Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Verizon agrees to purchase Bluegrass Cellular in GlobeNewswire)


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