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SmartServ hires Jefferies for financial advice

PLYMOUTH MEETING, Pa.-Looking to explore strategic growth options, content provider SmartServ Online Inc. announced that it has retained investment banking firm Jefferies & Co. Inc.

Jefferies will advise the company’s management on financing and capital resources, as well as significant merger and acquisition possibilities, the company said.

“Jefferies has a keen understanding of the telecommunications industry and the strategic and institutional relationships that are key to our corporate growth strategy,” said Robert Pons, the company’s president and chief executive officer. “We look forward to working with Jefferies on opportunities in the prepaid wireless and MVNO markets.”<

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