Spring Mobile doubles in size this year with third major acquisition
Fastest Growing AT&T Wireless Retailer Continues Expansion with Acquisition of 53 New Stores
SALT LAKE CITY (Oct. 6, 2014) — Spring Mobile, the Utah-based retailer of AT&T wireless phones and a wholly owned subsidiary of GameStop Corporation, announced today the acquisition of 53 high-volume retail store locations from Product Center. Representing the company’s most significant acquisition to date, the deal positions Spring Mobile as the fastest growing authorized retailer of AT&T wireless solutions.
“We are focused on making high-quality affordable AT&T wireless services available to more people in more locations nationwide, and our new stores have significantly increased the rate at which we can do that – particularly in the New York tri-state area,” said Jason Ellis, president of Spring Mobile. “We are proud to earn the role as AT&T’s fastest growing authorized retail partner and look forward to continue growing our retail footprint in other markets across the country.”
According to Ellis, with the backing of parent-company GameStop, Spring Mobile has pursued an ambitious growth strategy aimed at providing customers in underserved markets with choice, value and convenience across a range of superior AT&T wireless voice and data services. With the addition of the new locations, Spring Mobile now operates 298 stores in 26 states. The acquisition marks Spring Mobile’s first entrance into New York and Connecticut, with 22 and 12 stores respectively. It also expands the company’s presence in New Jersey by 19 stores.
The 53-store transaction is the third major acquisition Spring Mobile has announced this year. During the last 12 months, Spring Mobile has more than doubled in size, adding almost 200 stores since the fall of 2013. The company plans to continue evaluating strategic expansion opportunities in the future.
About Spring Mobile
Spring Mobile is an authorized AT&T dealer of wireless services operating 298 locations across 26 states. Founded in Utah in April 2001, Spring Mobile is one of the nation’s fastest growing AT&T wireless operators and a wholly owned subsidiary of GameStop Corporation.