Woosh Wireless has bought internet service provider Quicksilver for an undisclosed amount.
The purchase will boost Woosh's customer based by 10,000 to 35,000.
Woosh chief executive Bob Smith says the Quicksilver purchase will allow it to offer phone and internet services to every household in the country.
"Quicksilver is an excellent strategic fit giving Woosh an immediate extra dimension, bundling wireless and fixed line services. We're now well on our way to being New Zealand's third fully-fledged network operator," says Smith.
Smith says that Woosh will continue to evaluate other
acquisition options in the market and that it is aggressively
acquiring new cell sites to expand its wireless network.
Quicksilver commenced operations in 1999 under the leadership of Matthew Hobbs, a telecoms veteran. He was joined in 2000 by Mark Frater, another experienced telco operator. Both will join Woosh as part of the acquisition.
The Quicksilver brand will continue for fixed line products and services.
Sales and marketing functional areas will be the first objective
of the Woosh/Quicksilver integration with Woosh's Marketing Manager
Mark Williams taking on the project leadership.