MobilePro acquires American Fiber Network

July 1, 2005 Bethesda, MD -- MobilePro, a wireless technology and broadband telecommunications company, has completed its acquisition of American Fiber Network (AFN), a licensed CLEC and long-distance provider based in Kansas City, KS. Terms of the transaction were not disclosed.

According to a press release, the deal is expected to add more than $6.5 million in annualized revenue and to be immediately accretive to MobilePro's earnings; the acquisition also adds more than 15,000 customer lines to MobilePro's base.

AFN is licensed to provide local, long distance, and Internet service in the 48 contiguous U.S. states.

"Acquiring AFN adds another important piece to our growing national telecommunications footprint," comments Jay Wright, chairman and CEO MobilePro. "Doug Bethell and his team have built strong relationships in important vertical markets such as multi-dwelling units, temporary housing units, and resort area properties, where we can leverage MobilePro's wireless capabilities."

"We look forward to working with Jay and the rest of the MobilePro team as we continue to grow AFN's capabilities and geographic reach," adds Doug Bethell, president and CEO of AFN. "With MobilePro's wireless capabilities, pre-paid cellular offering through TommyWireless, national footprint, and financial strength, we believe that we can offer expanded services to our customer base while maintaining our tradition of quality service."