Practice Test 14

Telecommunications Merger Announced
Los Angeles, February 2

Two of the country’s biggest telecommunications companies have signed a deal, completing the largest merger in history. The news was announced at a press conference this morning. Delmore, Inc. and Lasing, Corp. will come together in March to create Del-Lasing. The new corporation is expected to have combined assets of over $1 billion.

By joining Delmore’s technological innovation and Lasing’s marketing strategies, the company hopes to reach even more customers both in the U.S. and overseas with their cellular phone and Internet services. Del-Lasing will be based in San Francisco after it transfer employees from its two former locations to a historic San Francisco office building in the heart of the business district. Delmore’s offices in Los Angeles will close, as will Lasing’s central management headquarters in Del Rio.

Delmore’s CEO, Fred Byers, says that customers should not expect any disruption to their service. Starting in March, customers can direct any concerns to Del-Lasing’s new online customer service helpdesk.