Re: ALNK Being Acquired by Radio Shack
Thread,
It turns out that Amerilink did not get bought by one of the bigger Internet Infrastructure builders. Tandy ended up buying them...I have no idea how to evaluate this yet. Kind of strange right off the bat?
But it appears Radio Shack is getting into the last mile game. I didn't realize ALNK did so much residential work? I'm assuming it must be cable modems, DSL, and satellite hookups. Sounds like Radio Shack will be selling all three types of connectivity equipment and then Amerilink runs out to the home to install it. Just my guess for now.
MikeM(From Florida)
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Tandy Agrees to Acquire Amerilink Corporation: an Established, Profitable Installer of Cable, Telephony and High-Speed Bandwidth Products
FORT WORTH, Texas, May 21 - Tandy Corporation announced today that the Company has entered into a definitive agreement to acquire Amerilink Corporation in an all-stock transaction. Amerilink designs, constructs, installs and maintains cabling systems for the transmission of video, voice and data, primarily for home use.
Amerilink provides service on a national basis to cable television operators, telecommunications providers, competitive local exchange carriers ("CLEC"), direct broadcast satellite providers and users of local area network ("LAN") systems...
Americans will now be able to get service and products like NorthPoint's high speed bandwidth digital subscriber line ("DSL"); RCA's digital entertainment products, including cable modems and digital satellite systems; and Compaq Computers as they become available in their neighborhood RadioShack store," continued Mr. Roberts.
Amerilink currently completes approximately 10 to 15 thousand installations weekly. Residential installations account for 67% of the revenues, and commercial installations make up the remaining 33%. Amerilink has approximately 500 employees and also uses independent contractors who have their own equipment and vehicles. |
