Monday, February 27, 2012

Plateau Transaction Clarified

As we reported, Verizon is purchasing a portion of Plateau Wireless of New Mexico, but the sale will not affect Plateau customers in Curry, Roosevelt or Quay counties. Plateau CEO Tom Phelps said Saturday that Verizon is purchasing the southeast New Mexico quadrant, which includes portions of Roswell, Carlsbad, Artesia, and Hobbs and Ruidoso. Wireless infrastructure in Eddy, Chaves and Lea counties are part of the purchase. Additionally, the wireless communications network in part of Lincoln County is included.

Phelps said the sale won’t affect customers in Clovis, Portales, Tucumcari or portions of west Texas. Phelps said selling a piece of the business gives Plateau more cash to invest in upgrading services such as high-speed wireless. The purchase includes Plateau Wireless' Cellular customers, and related operations just in the southeastern New Mexico market.

Some wireless users in the remaining Plateau areas wondered if they will still have wireless service in the affected areas since they have incompatible technology. There has been no announcement yet about whether or how long GSM service will be maintained. The subject may be addressed by the FCC, whose approval is expected this summer. How long can an even smaller Plateau survive?

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