One of Lubbock's most well known businesses has been bought out.
NTS announced Thursday that they've been bought out by Mississippi communications company XFONE. Company leaders say the buy out only means good things for NTS' 300 employees and its more than 50,000 customers.
"This is just a win, win deal. It's positive for our shareholders, it's positive for our communities and it's positive for our employees," executive vice president for NTS, Brad Worthington, Esq. said.
The sale is expected to be final on September 5th.