Aug, 2002 : Aplus.Net Sells High-Speed Lines to DSL.net

📅 August 8, 2002 - Aplus.Net, a noted Internet and Web service provider, has entered into an agreement to sell its DSL lines to DSL.net Inc., a provider of high-speed Internet access solutions.

"As part of our ongoing efforts to provide the highest quality services to our growing customer base,"says Ivan Vachovsky, chief executive officer of Aplus.Net, "Aplus.Net has chosen to transition its ancillary DSL business to a world class dedicated provider, DSL.net. By selecting DSL.net, we are confident that our DSL customers will continue to receive the outstanding service they have grown accustomed to."
The broadband customers to be acquired by DSL.net are to be transitioned to its network on or before September 1, 2002.
"As part of our smart growth strategy, we are committed to providing acquired customers with a variety of connectivity options and enhanced services, and to providing a high level of customer service, beginning with the migration process itself," said Keith Markley, president and chief operating officer of DSL.net, Inc. "As an industry consolidator, we believe we've assembled the right combination of capabilities across a broad national footprint to assist customers whose service providers are exiting the business, and to migrate these customers to our network with minimal or no downtime."
Aplus.Net was advised on the transaction by SG Capital, LLC, a Los Angeles-based mergers and acquisitions advisor to middle market companies.