Residential & Business Plans News & Updates Sign Up Now Pay My Bill Call 866.297.2900 SpeedConnect sells to TPT Global Tech with 5G in mind Posted by: Tyler Collison , April 8, 2019 Posted in Customer Information, Highlights, Recent Posts 8 Apr 2019 SpeedConnect signs definitive agreement to sell select assets to TPT Global Tech, who is gearing up for a 5G rural USA deployment Frankenmuth, Michigan — Founder and CEO John Ogren, announced today that SpeedConnect had entered into a definitive agreement to sell select assets to TPT Global Tech (OTCQB: TPTW). SpeedConnect is in its 17th year of operations and is one of the nation’s largest rural wireless Internet service providers. The veteran provider serves residential and commercial customers, in Arizona, Idaho, Illinois, Iowa, Michigan, Minnesota, Montana, Nebraska, South Dakota and Texas utilizing its company built and owned national network. Combined with TPTG’s 5G deployments across 10 Midwestern States and cash infusion, the new combined enterprise is perfectly positioned to grow its national footprint. “As a pioneer delivering quality, affordable high-speed Internet to smaller communities, where families and small businesses often have few options, I am pleased, excited, and thankful for this partnership with TPT Global. With the combined resources, and world-wide scope of these companies, we will be able to make an even bigger difference in regards to internet services for Rural America.” shared Ogren. The SpeedConnect asset sale provides TPTG with 20,000 additional customers, approximately $17 million in top line revenue and $4 million in bottom line EBITDA (unaudited). Included in the acquisition is SpeedConnect’s complete back office billings and collections machine for all products. The new combined enterprise may choose to sell, service, warehouse, or deliver. The Asset Purchase Agreement is anticipated to begin in April of 2019 and be finalized no later than June 30, 2019. Mr. Ogren will stay on as the CEO of SpeedConnect during the transition and for the next two years. SpeedConnect customers will not experience any disruption in service during this transition. #### About SpeedConnect SpeedConnect serves customers with wireless broadband internet and telephone service in Michigan, Iowa, Illinois, Nebraska, South Dakota, Minnesota, Idaho, Montana, Texas and Arizona. SpeedConnect owns and uses FCC-licensed 2.5 GHz EBS and BRS spectrum and technology. SpeedConnect founded in 2002, is a Michigan Limited Liability Corporation, and is principally owned TPT Global Tech. About TPT Global Tech TPT Global Tech Inc. (OTC:TPTW) based in San Diego, California, is a Technology/Telecommunications Media Content Hub for Domestic and International syndication and also provides Technology solutions to businesses domestically and worldwide. TPT Global offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States. TPT’s cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media and collaboration features in today’s global technology markets. TPT’s also operates as a Master Distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cellphone services, Mobile phones Cellphone Accessories and Global Roaming Cellphones. Previous Next Recent Posts Covid-19 may have slowed us down but has not stopped us!! July 27, 2020 SpeedConnect sells to TPT Global Tech with 5G in mind April 8, 2019 Extended customer support hours coming soon! February 22, 2019 Share the love connection January 14, 2019 Happy Holidays December 21, 2018 Categories Customer Information Highlights Recent Posts Newsletter Sign Up Subscribe to our mailing list to receive SpeedConnect news and updates. Are you currently a SpeedConnect customer? Yes, I am! No, not yet. Policies & Procedures Network Management Practices Policy Disclosure Acceptable Use Policy Privacy Policy Customer Proprietary Network Information Billing Policies and Procedures Quick Links Pay My Bill Check My Email SpeedConnect Forms and Documents Support Business Office 501 West Broadway, San Diego, CA 92101 866.297.2900 Service Area We provide internet services to homes and businesses in Michigan, Iowa, Nebraska, Illinois, Minnesota, South Dakota, Montana, Idaho, Texas and Arizona. © SpeedConnect, All Rights Reserved.