Edge Wireless has been absorbed by AT&T Wireless when it purchased the outstanding 64% of the stock of the firm.
Edge was formed in 1999 by Wayne Perry (a member of the Board of Directors and a former Vice Chairman of of AT&T Wireless), Cal Cannon and Donnie Castleman (alums execs of McCaw Cellular).
Edge had a roaming agreement with Cingular (later AT&T Wireless). Lately, the large wireless carriers have been triggering buy-out provisions in the roaming agreements. Whether that’s the case here is unknown, but I rather suspect it.
Here’s AT&T’s PR puff regarding the completion of the transaction:
AT&T Completes Acquisition of Edge Wireless to Enhance Wireless Coverage
Transition to Begin in the Second Quarter; Customer Benefits Will Include Improved Network Coverage and Access to Innovative Products and Services
San Antonio, Texas, April 18, 2008
AT&T Inc. (NYSE:T) today announced that the company has completed, through a subsidiary, the acquisition of Edge Wireless. Edge is a provider of wireless communications services in Oregon, northern California, Idaho and Wyoming.
The addition of Edge’s wireless network will allow AT&T to deliver broader wireless coverage to customers in the Northwest, including Edge’s existing subscribers. Edge customers will also gain access to AT&T’s portfolio of products and services, as well as to the nation’s largest voice and data network, which covers more than 290 million people.
The two companies have a long-standing relationship as roaming partners, and AT&T expects a smooth customer transition. AT&T will immediately begin to implement a carefully planned process to integrate the AT&T and Edge Wireless networks, combine product portfolios and merge customer care initiatives.
The acquisition of Edge Wireless follows review and approval by the Federal Communications Commission.
