In 1994, PTCI acquired eight new exchange areas from GTE. Seven of the acquired exchanges became a part of PTCI. At this same time, EagleNet, Inc., a wholly-owned subsidiary of PTCI, was formed. EagleNet, Inc. was a commercial telephone company serving the City of Guymon with over 6,500 customers. The combined customer base of PTCI and EagleNet, Inc. was in excess of 16,500. Investment for facilities in the two companies exceeded $80 million.

Panhandle Telecommunication Systems, Inc., (PTSI), offered deregulated telecommunications services to the Oklahoma Panhandle, North Texas Panhandle, and Southwest Kansas.

PTSI was the primary cellular service provider for RSA #1 of Oklahoma, serving over 5,500 cellular customers throughout the Oklahoma Panhandle. PTSI also provided internet, paging, DBS (DIRECTV) service, PTSI Long Distance, and a 24-hour answering service. Internet and DIRECTV had over 1,500 customers each.

The Panhandle Shar-Ed Video Network (PSVN) for the Panhandle area's high schools and local university was one of the first interactive teaching systems to join the State of Oklahoma's OneNet system. This system connected all universities, colleges, vocational-technical schools and eventually school districts throughout Oklahoma.

PTSI also provided interexchange toll transport via its Western Fiber Toll Network and through a regional partnership called Forte. This fiber-based network provided redundant toll transport for interexchange carriers south from El Paso, north to Colorado Springs, west to Albuquerque, and east to Dallas-Fort Worth.

In December 1994, Gary Kennedy retired and Ron Strecker became the Chief Executive Officer. Mr. Strecker has been actively involved in the telephone industry and with PTCI since 1975. He has served on numerous state and national telephone industry boards and committees. These include the Rural Cellular Association (RCA) Board, Communications Supply Services Association (CSSA) Board, RCA's Marketing Committee, several OPASTCO committees including ROSS-7 Committee, MFJ/Infrastructure Committee, Radio, Cellular, BETR's and PCN Committee, the Southwestern Bell Regional Planning Committee, and the OPASTCO Board of Directors.

In April of 1999, PTCI/EagleNet introduced a state-of-the-art service. Asynchronous Digital Subscriber Line, or ADSL, brought access to expanded capabilities to many of the companies' customers. The product, marketed under the name JETNET ADSLŪ, provides a constant, high-speed Internet connection, with the future capability of delivering video for business and entertainment.