IPtimize Acquires AFS's Hosted VoIP Telephone Services Business
Posted on: Tuesday, 19 August 2008, 12:00 CDT
IPtimize, a broadband voice and data service provider, has acquired American Fiber Systems's broadband access and hosted VoIP telephone services business, through a debt-free cash transaction.
The commercial VoIP business assets acquired by IPtimize serve small-business and enterprise customers in four metropolitan areas: Boise, Idaho, and its surrounding areas; Reno and Las Vegas, Nevada; and Salt Lake City, Utah.
According to IPtimize, this acquisition is expected to more than double the number of IP endpoints served by it and adds both expanded geographic reach and an established commercial customer base to its VoIP business.
Dave Rusin, CEO of American Fiber Systems (AFS), said: "All four of these cities are experiencing very good business growth, and IPtimize is the perfect resource to meet their expanding needs. Our business focus is broadening beyond commercial voice applications, and it makes sense to work with the specialists at IPtimize to maintain and continually enhance business-class services for these and other customers."
Source: Datamonitor
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