Internet service provider Rocky Mountain Internet Inc. Wednesday
completed its $1.7 million acquisition of Overland Park, Kansas-based Unicom Communications.
The deal marks the first time the Denver-based company has expanded outside
Colorado.
Unicom specializes in Internet access and Web hosting. It has a
subscription base of 3,500 including Kansas City Power and Light, Data
Supply Outlet, Universal Underwriters Group and
Integrated Medical Resources. Its revenue for 1997 was reported to be in
excess of $1 million.
“This acquisition, along with InternetNow!, which closed earlier this week,
is keeping pace with our rapid expansion plans of becoming a national
communications company,” said Douglas H. Hanson,
president, chairman and chief executive officer of Rocky Mountain Internet.
“As we move forward as a leading Web solutions and e-commerce provider,
Unicom’s resources will be an unbelievable asset to our team.”