(RAYMONDVILLE, TX – October 4, 2021) –VTX1 Companies announced today that it has acquired TISD, Inc., a wireless internet service provider headquartered in Victoria, Texas. TISD boasts a service area of over 3,000 square miles and a subscriber base of 9,900 customers. The acquisition will increase VTX1’s existing subscriber count to approximately 34,000 subscribers in the South Texas Region, elevating them to become one of the largest independently-owned internet service providers in Texas.
“TISD is happy and excited to be joining the VTX1 family. We look forward to working together.” noted Chief Executive Officer of TISD, Diann Cumberland.
VTX1 Companies is proud to bring TISD into their acquisition portfolio which includes other recent acquisitions in the Seguin and San Antonio areas. This acquisition will help extend their expansion from the Rio Grande Valley into an increasingly northerly footprint near the Gulf Coast.
Over the last year and a half, VTX1 recognizes the publics’ increasing dependence on reliable broadband services, a phenomenon which is unlikely to disappear. VTX1’s goal is to bring connectivity to as many communities as possible in both rural and urban areas, so they are able to connect the world for school, work, and play. Both VTX1 and TISD share this same passion of bringing connectivity to rural communities, in addition to the urban areas they serve, and working together they will be able to continue that expansion.
Dave Osborn, CEO of VTX1 Companies, added: “We are looking forward to adding TISD to our group of companies. Our joint vision is to continue to expand the number of people to whom we can provide exceptional broadband services. An additional advantage to uniting with TISD is it will enable both organizations to capitalize on economies of scale which neither could have achieved separately. We are looking forward to scaling even greater heights together”.
