BIRMINGHAM, Ala.--(BUSINESS WIRE)--Momentum Telecom, the leading provider of private label digital voice services and broadband management to cable operators, municipalities, and managed services providers throughout the U.S., has announced today that it has acquired CommPartners – a VoIP services provider based in Las Vegas – through an asset liquidation process resulting from Chapter 11 bankruptcy. Momentum was the highest bidder of several companies considering the acquisition of CommPartners’ assets.
“Our management team identified an excellent opportunity to acquire the assets of another digital voice provider for financially favorable terms, giving us the ability to grow our customer base, leverage significant core technology assets to the advantage of current and future customers, and continue building leadership in this space,” said Alan Creighton, chief executive officer of Momentum. “We have invested heavily in the supporting applications and processes to scale our hosted IP telephony business, putting Momentum in a perfect position to acquire smaller companies that need capital infusions to continue servicing customers.”
CommPartners currently supports approximately 200 reseller customers and more than 27,000 hosted seats and SIP trunks. At its peak, the company reported annual revenues of $77 million. CommPartners has primarily serviced data VARs and other resellers that provide hosted IP telephony to small and medium-sized businesses, closely mirroring Momentum’s focus on providing hosted solutions to cable company and municipality subscribers throughout the U.S.
“As a Momentum Telecom customer for more than two years, we can vouch for the company's advanced technical features that greatly reduce unnecessary complexities for providing digital voice service,” said Tenzin Gyaltsen, Cable Television Director at City of San Bruno. “We are conscious of cost, voice quality and access to technical customer service teams, and Momentum Telecom has proven to be a very good partner on all accounts.”
CommPartners will be absorbed into Momentum and be rebranded as details of the ownership change are worked out. The Las Vegas office will remain open and Momentum will maintain CommPartners’ core IP infrastructure and later integrate CommPartners’ platform with Momentum’s platform which is currently hosted in Atlanta, GA. Sales support, account management, Tier 2 and Tier 3 technical support will be maintained in Las Vegas to create a strong regional presence. Momentum has been delivering hosted IP telephony service since 2005 and is CLEC certified in 45 states, and with the acquisition now exceeds 100,000 lines – making it one of the largest wholesale providers of digital IP telephony services.
“We are already in the process of moving quickly to contact CommPartners’ customers, introduce ourselves and ensure they know we are assuming all current contracts and agreements,” said Sarah Pieri, Momentum’s director of sales and marketing. “And we are looking forward to introducing these customers to Momentum’s custom web portal that automates many of the most tedious and problematic tasks – such as provisioning – as well as access to our own proprietary analytics tools for verifying and measuring voice quality, a solution that will greatly enhance their service experience.”
For Momentum’s existing customers, with the current Atlanta-based colocation providing multiple layers of redundancy – and operating at the highest levels of availability – adding additional measures of backup in the western half of the U.S. is advantageous. The addition of CommPartners’ Broadsoft platform in Las Vegas enables Momentum to deliver a carrier class level of geo-redundancy.
About Momentum
Momentum provides independent cable operators, municipalities and managed services providers throughout the U.S. private label residential and business digital voice solutions and the most comprehensive operational and managed support services for broadband and voice available. Momentum delivers reliability, quality and a lower total cost of ownership through the industry’s first integrated platform of superior quality voice delivery and broadband management. For more information, please visit www.momentumwholesale.com.