Industry takes Note of WVT Communications Acquisition
In recent years, we have witnessed a lot of mergers and acquisitions in networking, computing, infrastructure and telecom space. WVT Communications has finalized the acquisition of Alteva just weeks after the official announcement. This recent acquisition of Philadelphia-based Alteva, LLC has many in the industry taking notice.
Alteva offers the most reliable network, the most responsive and proactive customer service and the best value to its customers.
According to a press release, with the recent spurt of mergers and acquisitions in the telecom technology sector, the WVT-Alteva deal has been rated in the top ten to watch according to CRN.com in its 08/18/11 article "12 Recent Networking Mergers and Acquisitions To Keep An Eye On; And Then There Were Fewer."
The article mentions, "The networking, infrastructure and telecom spaces have been consolidating like crazy in recent years...since (April 2011) some of the most eye-opening M&A moves of the year have been proposed or completed. Here's a look at 12 recent networking acquisitions every channel partner with an interest in the market should keep an eye on."
WVT is an edge voice, video, broadband, wireless and unified communications provider serving consumers and businesses in the Mid-Atlantic region and the Northeast corridor, with a 100+ year track record of innovation and superior customer service.
"Why It Matters: More consolidation among service providers, and in this case, a competitive local exchange carrier (CLEC), Warwick (Valley Telephone), snapping up a hosted VoIP specialist, Alteva. Alteva has been an up and comer in the channel for some years thanks to how it interconnects its hosted UC services with Microsoft's UC platform and makes those options available to VAR's (value added reseller) agents, and wholesalers as wholesale and/or white label products."
In other company news, unified communications reported that Warwick Valley Telephone Company (WVT Communications) has acquired Alteva.
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Mandira Srivastava is a unified communications contributor. She works as a full-time writer, ghostwriter and blogger, and has more than two years of experience in print and Web media. She has also worked on company brochures, website content and product descriptions, as well as proofreading and editing content. To read more of her articles, please visit her columnist page.
Edited by Rich Steeves