One Connect IP Acquires ZiaNet23 April 2006
One Connect IP, a leading regional Voice over Internet Protocol (VoIP) service provider, today announced its acquisition of ZiaNet, the largest privately held Internet Service Provider (ISP) in the state of New Mexico. One Connect IP currently serves business and residential customers throughout the Mountain West Region and with this acquisition, the Company will immediately be able to deliver its hosted VoIP services to an additional 30,000 business and residential customers throughout New Mexico.
For more than a year prior to the acquisition, One Connect IP had been leveraging ZiaNet's extensive network to serve its VoIP customers in New Mexico. "This acquisition is strategically important to One Connect in a number of ways. It not only provides us with an opportunity to rollout our VoIP services more quickly, it also strengthens our ability to control and manage the quality of voice service delivered over this network," said Robert Pratt, CEO of One Connect.
One Connect IP plans to make its VoIP services available to all of ZiaNet's existing customers as a co-branded One Connect/ZiaNet offering. "We will give ZiaNet customers more choices for less cost, access to next generation VoIP services and, for most, their first real alternative to traditional phone service," said Aquiles Trujillo, Executive Vice President of One Connect IP.
One Connect IP currently offers a comprehensive suite of business VoIP solutions starting at $39.99/mo./line and residential service for $24.99/mo. along with many types of high speed Internet options to accommodate varying customer needs.
Mesa Capital Partners, a private equity firm headquartered in Santa Fe, New Mexico, led the investment round for One Connect IP with additional funding provided by Silicon Valley Bank.
About One Connect IP
One Connect IP, headquartered in Albuquerque, New Mexico, is the leading regional Voice over Internet Protocol (VoIP) service provider serving the New Mexico, Idaho and Utah markets. The company provides hosted VoIP and ISP services to small-midsize businesses (SMB) and residential customers in traditionally underserved markets throughout the Mountain West region. To insure the highest quality of voice service, One Connect IP offers its hosted VoIP services over a private managed network. For more information please visit http://www.oneconnectip.com or call toll free 877-345-5251.
About Mesa Capital Partners
Mesa Capital Partners is an early-stage private equity firm investing in high-potential small businesses in industries and geographic areas underserved by other capital providers. Established in 2004, Mesa Capital Partners has offices in Santa Fe, New Mexico and Oklahoma City, Oklahoma. The Mesa Investment Team has decades of first-hand experience with the challenges facing fast growing small businesses and works in partnership with entrepreneurs to realize the potential of their companies. For more information please visit http://www.mesacapitalpartners.us.
Source: prnewswire
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