- Pioneer Telephone
Pioneer Telephone is a
privately held company with headquarters inPortland, Maine . It is a facility based telecommunication carrier oflong-distance telephone service in theUnited States . Pioneer Telephone today has 2,000,000+ customers in all 48 states and continues to be named as the best valued long distance carrier domestically and internationally in the United States.Adelphia's long-distance telephone business with 110,000 customers in 27 states(telephone & long-distance services) was sold to
Pioneer Telephone for about $1.2 million. [ [http://www.post-gazette.com/pg/05187/533242.stm Adelphia Communications to sell long-distance phone service] , "Pittsburgh Post-Gazette", July 6, 2005, [http://www.bizjournals.com/denver/stories/2005/07/04/daily27.html Adelphia sells long-distance service for $1.2M] , "Denver Business Journal", July 6, 2005, and [http://psc.ky.gov/telecomm_informational_letters/Adelphia_Telecommunications_Inc-120205.pdf Notification by Adelphia Telecommunications, Inc. and Telecom Management, Inc. d/b/a Pioneer Telephone of an Asset Purchase Agreement] , December 1, 2005.] Had the 110,000 telephone customers been shut off versus being sold toPioneer Telephone , those customers would have more than likely left Adelphia cable and high speed internet services. The potential financial damage to the creditors of Adelphia was over $150 million dollars. Although the purchase price byPioneer Telephone was relatively small ($1.2 million) the transaction was very significant. [ [http://www.post-gazette.com/pg/05187/533242.stm Adelphia Communications to sell long-distance phone service] , "Pittsburgh Post-Gazette", July 6, 2005, and [http://www.bizjournals.com/denver/stories/2005/07/04/daily27.html Adelphia sells long-distance service for $1.2M] , "Denver Business Journal", July 6, 2005.] The sale was completed later that year. [ [http://psc.ky.gov/telecomm_informational_letters/Adelphia_Telecommunications_Inc-120205.pdf Notification by Adelphia Telecommunications, Inc. and Telecom Management, Inc. d/b/a Pioneer Telephone of an Asset Purchase Agreement] , December 1, 2005.]References
External links
* [http://www.pioneertelephone.com/ Pioneer Telephone official website]
* [http://www.pioneertelephone.net/ Pioneer Telephone online sign up website]
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