Telvantis Inc. (OTC: RDAR) has entered into a definitive agreement to sell its international voice services business, Telvantis Voice Services, Inc. (TVS), to Spectral Capital Corporation through a stock-for-stock exchange structured as a tax-free reorganization under Section 368(a)(1)(B) of the U.S. Internal Revenue Code. The transaction, announced jointly by the companies, includes shares issued at closing and performance-based earn-out shares tied to revenue and profitability milestones for the 2026 financial year, aligning long-term incentives with operating performance.
The divestiture of TVS, which provides enterprise and carrier customers with high-volume international voice traffic capabilities, marks a pivotal step in Telvantis' strategic evolution. The company is repositioning itself as a U.S.-based technology and industrial holding company with an increased emphasis on wireless and 5G infrastructure, as well as the incubation, acquisition, and growth of related technology assets. By shedding its largest operating entity, Telvantis aims to sharpen its focus on high-growth segments while providing a potential path to value realization for shareholders.
Daniel Contreras, Chief Executive Officer of Telvantis Inc., stated, "This transaction represents an important milestone in the execution of our strategic roadmap. It allows us to accelerate the monetization of our international voice services business while sharpening our focus on high-growth technology and infrastructure segments in the U.S. market." Daniel Gilcher, Chief Financial Officer, added that the agreement reflects the industrial value built by TVS and supports Telvantis' objective of strengthening its financial profile and strategic positioning.
Pending closing, TVS will continue to operate in the ordinary course of business, ensuring continuity of operations, management, and commercial activity. The transaction is expected to close by the end of December 2025, subject to customary closing conditions and approvals. This deal not only provides Telvantis with a clearer strategic direction but also positions Spectral Capital to expand its telecommunications capabilities through the acquisition of a proven voice services platform.
For more details, view the original release on NewMediaWire and visit Telvantis' website at www.telvantis.com.
