Verizon Communications Inc., which has its operational headquarters in Basking Ridge, has agreed to buy assets of a Kentucky wireless operator, it announced this week.
Verizon, which is formally based in New York, said it will acquire certain assets of Bluegrass Cellular, a rural operator serving 210,000 customers in 34 counties of central Kentucky.
“We are excited to acquire certain assets of Bluegrass Cellular and expand our footprint in Kentucky,” Ronan Dunne, executive vice president and group CEO, Verizon Consumer Group, said in a prepared statement. “We look forward to welcoming Bluegrass customers and employees into the Verizon family, and providing them with reliable wireless service alongside a best-in-class customer experience.”
Bluegrass said it was the first wireless company in the region when it started serving customers 29 years ago, and that its customers do not need to take any action right now — they will receive more information from Verizon in the near future.
The deal is expected to close late in 2020 or early in 2021, pending customary approvals and conditions.