Verizon Communications Inc. (NYSE–VZ) today announced the sale of its remaining East Coast Public Communications division to a San Francisco Bay Area based company, Pacific Telemanagement Services (PTS–private).
This asset purchase, in addition to PTS’ purchases of AT&T Pub Com in 2006 and the Verizon – West Coast in 2009, creates the largest payphone service provider (PSP) in the United States. PTS now has coverage in 48 states, with 8 major hub offices located in CA, MS, NY, TX, IL, FL, OH, VA.
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Contact: Doug Lubushkin
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