Paetec will soon become a household name in more cities than
Paetec announced late Friday night a deal to acquire privately owned McLeod USA Incorporated. The deal was finalized after stockholders of both companies approved the transaction. McLeod provides IP-based services for businesses. Paetec projects the combined company revenues will generate annual revenues of at least $1.6 billion dollars. Paetec now has nearly 4,000 employees.