US Signal to acquire TDS' OneNeck Data Centers

Digital infrastructure provider US Signal has signed a deal to acquire OneNeck Data Center Holdings LLC from Telephone and Data Systems , adding six more data centers to its footprint.

US Signal, based in Grand Rapids, Michigan, provides data center, cloud hosting, and colocation services. OneNeck’ on the other hand has data centers in Phoenix, Arizona; Denver, Colorado; Madison, Wisconsin; Minneapolis, Minnesota; Des Moines, Iowa; and Bend Oregon.

“We were attracted to OneNeck for a host of reasons, with our shared culture of customer service excellence at the top of the list. OneNeck is also a product innovator with deep knowledge of numerous industries. Together, we will provide our customers with greater scale and technical abilities,” said Daniel Watts, CEO of US Signal.

Vicki L. Villacrez, TDS executive VP and CFO, added: “As part of our capital allocation process, we are prioritizing assets to determine what is strategic and can improve our competitiveness. The sale of OneNeck provides additional capital that can be used to support TDS Telelcom’s fiber program, which includes investing in communities throughout the US with quality broadband connectivity.”