VoIP Synergy: CQIP and Satelinx Investment in Damya and Arbinet Quadruples VoIP Exchange Delivery Points with PacketExchange Agreement16 April 2006
VoIP industry news provided by Financial News USA (OTC: FNWU) CQIP Investments has forwarded a Letter of Intent to Damya International ("Damya'') to acquire a 50% interest in the operations of Damya, a telecommunications company. Damya, CQIP and Satelinx (OTC: SLXI) have entered into a Memorandum of Understanding whereby the operations of Damya are to be incorporated into Satelinx. This will have the impact of extending and expanding the operations into numerous additional countries in both Africa and Europe and generating important sales growth in the areas of VoIP, Telephony and Voice Virtual Private Network Solutions. To view the full report for SLXI visit www.stocksjournal.com Arbinet- thexchange, Inc. (Nasdaq: ARBX), the leading electronic market for trading, routing and settling communications capacity, announced today that it has entered into a commercial arrangement with wide-area peering innovator, PacketExchange, to offer VoIP service providers the ability to connect to its voice exchange using a quality managed private IP backbone from 24 PoPs in Europe. sentitO Networks, a leading provider of intelligent voice gateway solutions for telecommunications service providers worldwide, today announced that it has been selected by Level 3 Communications (Nasdaq: LVLT) for its (3)VoIP(SM) Technology Alliance Program ("(3)VoIP TAP"). The (3)VoIP TAP program formalizes the relationships between Level 3 and a select group of technology vendors to help service providers quickly deploy services interconnecting with the Level 3 network. Online auctioneer eBay's (Nasdaq: EBAY) Skype Technologies S.A. unit, a British company that allows phone calls to be made on the Internet, on Tuesday said it has acquired Sonorit Holding AS and its U.S. subsidiary Camino Networks Inc. for 700,000 shares of eBay stock, or about $27 million. About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information: Financial News USA Tel: (626) 961-8041 Email: info@financialnewsusa.com
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