CommPartners Acquires TPC Networks11 July 2005
CommPartners, an IP-based network operator and telephony services and solutions provider, today announced its acquisition of TPC Networks (TPC), a company specializing in the buying and selling of carrier transport minutes. Under the terms of the agreement, TPC will serve as CommPartners' new Carrier Services Division and enable the company to immediately generate expanded revenue streams and deliver enhanced carrier services.
TPC, a privately-held company headquartered in River Vale, NJ, currently bills for tens of millions of minutes per month serving several Tier 1 - Tier 3 domestic and international carrier customers. "With this acquisition, the combination of the CommPartners' proprietary IP network and interconnection with the domestic U.S. public switched telephone network (PSTN) and TPC's carrier services expertise is expected to enable CommPartners to become a solid competitor among carriers providing local termination and origination services for TDM and IP traffic in the U.S.," said David S. Clark, president and CEO of CommPartners.
CommPartners' network is engineered for quality voice services and the company's network expansion will result in CLEC connectivity with rate centers throughout the domestic U.S. PSTN including Hawaii and Alaska.
CommPartners' current coverage area includes an "NFL city footprint," plus Las Vegas (NV), Hawaii, and areas of California, Colorado and Massachusetts. With over 20 state certifications in place, CommPartners has applied for and expects to obtain Competitive Local Exchange Carrier (CLEC) status in all 50 states by 2006, classifying it as one of the largest networks of its type in the U.S. The company has architected its network for business-quality VoIP services, 911 emergency services capabilities and CALEA compliance--emerging issues that pose challenges to many VoIP service providers.
"We've designed CommPartners' IP/PSTN CLEC network to create economies of scale that other networks simply can't match," said Clark. "By acquiring TPC, CommPartners is taking one step further in strengthening its network capabilities to serve as a true 'carrier's carrier' as well as a network services and applications provider. We are proud to welcome TPC into the company and look forward to our continued successes."
About CommPartners
CommPartners was formed to "Enable the VoIP Promise" by offering hosted Voice over Internet Protocol services, including IP Centrex, hosted PBX and conferencing functionality and IP to PSTN connectivity to broadband and service providers. CommPartners' hosted VoIP services are designed for Internet Service Providers (wireline and wireless), IT Integrators, Multiple Service Organizations, Private Cable Operators, Independent Operating Companies, Fiber-To-The-Home and Overbuilding Entities. Founded and operated by industry veterans, CommPartners has a belief in optimizing packet-based protocols in a distributed architecture to facilitate VoIP connectivity and service offerings for broadband and service providers. For more information, call 702-367-VOIP (8647) or visit CommPartners' website at www.commpartners.us.
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Contact:
Euro RSCG Magnet
Carol Edwards, 212-367-6920
carol.edwards@eurorscg.com
or
CommPartners
Mark Peterson, 702-367-8647 x1017
mpeterson@commpartners.us
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Source: CommPartners
Source: Business Wire
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