Global Telecom Brokers Completes Sale of its Business to Xtel Communications, Inc. in a Deal Negotiated by W.G. Nielsen & Co.

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January 17, 2023

W.G. Nielsen & Co., a leading investment banking firm headquartered in Denver, CO, announced today that it acted as advisor to Global Telecom Brokers in the sale of its business to Xtel Communications, Inc.

About Global Telecom Brokers

Founded in 1992, Global Telecom Brokers is a diversified network services and telecommunications company based in Owing Mills, MD. Global Telecom Brokers specializes in selling voice and data products and services principally to commercial customers in Baltimore, MD and throughout the state and region.

About Xtel Communications, Inc.

Xtel Communications, Inc. is a Mount Laurel, NJ-based network service provider. Xtel Communications was founded on the guiding principle that providing superior telecommunications and cloud services at competitive prices helps build the backbone of successful businesses.

Since its founding in 1994, Xtel has grown from a provider of switched and dedicated long-distance, toll-free, and calling card services into an expert and leader in the field of innovative and emerging voice and data solutions that include unified communications, network security, network connectivity, and cyber security.

About W.G. Nielsen & Co.

W.G. Nielsen & Co. is a Denver-based investment banking firm that specializes in mergers and acquisitions (sell side and buy side advisory services) and structured and leveraged financing transactions. W.G. Nielsen & Co., an independently owned, FINRA investment banking firm, offers clients innovative financing solutions. W.G. Nielsen & Co. enables select mid-sized clients to achieve their goals through strategic alliances, industry experience, and proven methodologies. Since the firm's inception in 1996, W.G. Nielsen professionals have completed transactions valued in excess of $5 billion. For more information, please visit For information on the above transaction, please contact Ray Hernandez at (303) 830-1515.

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