|
|
Article: American Payment Systems to Make a Strategic Investment in Q Comm International.
- Article from:
- Business Wire
- Article date:
- October 25, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
HAMDEN, Conn.--(BUSINESS WIRE)--Oct. 25, 2001
American Payment Systems (APS), a wholly owned business unit of UIL Holdings Corporation (NYSE:UIL), today announced its intention to make a strategic investment in Q Comm International, Inc., a leading prepaid wireless technology and information services company.
This minority acquisition builds upon APS's current distribution network, and enhances its positioning to serve the prepaid marketplace.
"At APS we are excited about this opportunity with Q Comm," said Paul Rocheleau, President of APS. "This investment will better capitalize Q Comm and provide them with the ...