A Magic Phone Company
Lured by the siren call of the Florida real estate boom in the
early 1900s, a young entrepreneur named Otto Wettstein cashed out
his Iowa telephone exchanges and moved to Sebring, Fla., hoping to
make a killing in land speculation. Within a couple of years he had
burned through his $400,000 nest egg and returned to his roots,
taking a job at the Dade City telephone exchange. By 1915 he had
saved up enough money to buy the company and by 1925 had added six
more exchanges to form the Florida Telephone Corporation. By the
start of World War II, Florida Telephone had grown to 18 exchanges
and was the dominant telephone company in Central Florida.
Wettstein's Florida folly put him square in the path of progress
when Walt Disney announced plans in 1965 to build Walt Disney World
on 27,000 acres of swampland southwest of Orlando. Florida Telephone
management convinced Disney officials they had the expertise to
operate the independent telephone company envisioned by Disney and
Vista-Florida Telephone System was formed with Disney owning 51
percent and Florida Telephone owning the balance of the stock.
The relationship proved profitable, but also served as a catalyst
for innovation, with Disney constantly demanding and getting the
latest telecommunications technologies. In 1971 the company
installed the first 911 emergency response system in Florida and
became the first telephone company in the country to be completely
electronic and have 100% underground cabling. Rapid growth
created a need for more capital and in 1974 Florida Telephone
Corporation was acquired by United Telecommunications (now Sprint
Corp.), a New York Stock Exchange company. Increased capital
provided Vista-United with the funds it needed to continue its
history of innovation. In 1975 the company opened the first
computer-controlled telephone operator center in the country. A few
years later Vista-United completed the country's first commercial
installation of a fiber optic network, followed by the first fiber
optic distribution system. In 1985 Vista-United became the first
all-digital telephone company in the United States. Smart City
acquired Vista United Telecommunications in March 2001. Keeping with
the tradition of innovation, Smart City Telecom has introduced the
nation's first WiFi/DSL network and completed the largest long-range
Ethernet project in the world.
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