Genesis Group Holdings In Negotiations To Acquire Telecom Infrastructure Provider
January 13, 2010, 2010 (FinancialWire) — Genesis Group Holdings, Inc. (OTC: GGHO) has entered into extensive negotiations for the purchase of Southern Technologies Service Inc. (STS), an Alabama based telecommunications installation, engineering and infrastructure company.
Gideon Taylor, CEO of Genesis, stated that STS will form a strong foundation for the company’s telecom infrastructure business plan and he intends to enhance that business through a series of additional strategic acquisitions.
Genesis Group Holdings, Inc. does not have significant operations at this time. The company was founded in 1999 and is based in New York, New York.
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