Telispire ‘Ohana agrees to acquire Mobi PCS - Hawaii News Now - KGMB and KHNL

Telispire ‘Ohana agrees to acquire Mobi PCS

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HONOLULU (HawaiiNewsNow) -

Telispire ‘Ohana LLC has entered into a definitive agreement to acquire Mobi PCS wireless business operating throughout the state of Hawai‘i.

The company is expected to be merged into Telispire’s wireless operation and will continue to operate under the Mobi PCS name, and Telispire ‘Ohana will retain the current Mobi PCS stores and the statewide network of authorized dealers. Mobi PCS customers will experience a seamless transition, with no need to change their phones, numbers or service plans.

“We chose Telispire for several reasons: our shared philosophy of putting customers and employees first, their commitment to retain all customer-facing employees and their access to a broader range of products and services deemed important by our customers,” explains Bill Jarvis, president and CEO of Mobi PCS.

Jarvis went on to thank all of the customers and employees who helped Mobi become a brand synonymous with high value mobile service in Hawai‘i. Nicholas Aldi, Telispire’s chief financial officer and chief operating officer, will serve as Mobi PCS president and CEO.

Over the past year, Mobi PCS customers had been transitioning to new phones and service plans as part of the company’s commitment to providing state-of-the-art reliability and coverage. With the acquisition by Telispire, Mobi customers will now have access to a broader range of products and services because of Telispire’s scale, but with no disruptive changes on the horizon.

“We are excited about the opportunity to join the Hawai‘i community as Mobi PCS becomes part of the Telispire family,” said Curtis M. Knobloch, Telispire’s chief executive officer. “We have built our business on supporting a wide variety of innovative and service-oriented wireless and telecommunications companies all over the country, and we expect to continue to help Mobi PCS grow in the future.”

The companies anticipate that the transaction will be completed in the third quarter of 2016, subject to customary closing conditions and regulatory approvals.

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