Pacific Wireless Technologies, Inc.

Client Profile
SSG was retained to explore strategic alternatives for Pacific Wireless Technologies, Inc., an SMR wireless communications provider operating on the West Coast.
The assignment was in the midst of a contracting debt and equity capital marketplace, particularly for telecommunications companies. Therefore, early on, SSG’s primary thrust was a sale to a strategic buyer.
A purchase agreement was executed between Pacific Wireless and Nextel Communications, Inc. (Ticker: NXTL) in July 2001, whereby Nextel acquired the assets of Pacific Wireless for $57 million. After FCC approval, the transaction was consummated in December 2001.

(610) 940-1094Email
New York
(212) 786-7432Email