WinStar wins out with ISP purchase
WinStar Communications, a competitive local exchange carrier with about 300 business subscribers, purchased Internet service provider GoodNet last week for $22.5 million. The acquisition brings WinStar up to speed in the booming data networking arena and gives GoodNet a toehold in the wireless local loop business.
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The new WinStar will leverage GoodNet's network to offer voice, data and video services as well as Internet and information services. The company expects an additional $4 million in revenue for 1998.
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© 2012 Penton Media Inc.
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