Transtelco, a telecommunications service provider, announced the closing of the acquisition of Dallas-based XC Networks. XC Networks owns and operates data centers, fiber assets and wireless spectrum throughout Mexico and the United States.
"[CEO Miguel Fernandez] and his team have created a 'super-regional' carrier in North America, and I am confident Transtelco will meet the demands of its current and future clients' ever increasing need for bandwidth," said Thomas J. Spackman, founder and chief executive officer of XC Networks."
Gardere Attorneys Robert Sarfatis, Larry E. Glasgow and Michael J. Donohue represented XC Networks in this transaction.
Transtelco's full press release can be viewed here.