NTS parent company to sell U. K. division - KCBD NewsChannel 11 Lubbock

1/31/10

NTS parent company to sell U. K. division, focus on Lubbock, Levelland

By James Clark | email

LUBBOCK, TX (KCBD) – Local phone, Internet, and digital video provider, NTS, will sell off it's British division. 

NTS's parent company, XFONE, made the announcement Friday. The deal is worth approximately $4.5 million. President and CEO Guy Nissenson says this deal means the company can focus on Lubbock & South Plains resources. 

Nissenson says  "the Company has made great progress with the installation of our fiber network from Lubbock to Levelland and completed more than 1,700 passings within the Levelland market since October 2009."

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