SAN ANTONIO (Aug. 4, 2014) – San Antonio-based Rock Solid Internet & Telephone has purchased Vancouver-based ComCanada Communications, Inc. Terms of the deal were not disclosed.
With offices in San Antonio and Castroville, Texas, Rock Solid is a Competitive Telephone Exchange Carrier (CLEC) and provides high-speed broadband Internet and digital Voice-Over-IP (VoIP) telephone services in rural and unserved communities as well as businesses and government agencies in San Antonio and South Texas. The acquisition of ComCanada significantly expands the firm’s footprint for entry into the oil and gas market in the United States and offshore.
ComCanada Communications, Inc. (http://comcanada.ca) was founded nearly a decade ago and is a privately held company in Vancouver, BC Canada.
“We have been working on this acquisition for over five months. When we looked at ComCanada, two things immediately stood out: Their well-designed and reliable delivery of VoIP telephone service to the oil and gas industry over very substantial geographic and technological obstacles, and the fact that not only were they getting fantastic buying power from key telephone carriers, but were also able to trade on that to sell back to some of the same carriers in different markets due to their well-managed pricing agreements.”, said Shane Mitchell, President of Rock Solid Internet & Telephone.
ComCanada’s technology design, which carries their unique protocols, allows for better quality voice traffic over very difficult wireless transmissions of data including satellite Internet, which travels thousands of miles to outer space and back, causing problems for users of telephone service on offshore oil and gas platforms as well as business and ranching operations in rural areas of the United States and Canada.
“Having access to ComCanada’s proprietary technology and its portfolio of oil and gas clientele was an opportunity too good for us to pass up”, said Mitchell.
The acquisition also brings expansion. Mitchell says that Rock Solid expects to increase employment in the San Antonio and South Texas area by 50 percent by the end of 2014.
The acquisition, which includes all of ComCanada’s operations, assets, clients, and employees, occurred on July 31.
