|[February 20, 2013]
Impact Telecom Agrees to Acquire Matrix Telecom, Inc. and AmericaTel Corporation.
DENVER --(Business Wire)--
Impact Telecom ("Impact"), a global provider of voice and data services,
today announced they have signed a definitive agreement for Impact to
acquire all outstanding shares of Matrix Telecom (News - Alert), Inc. and AmericaTel
Corporation ("Matrix"), operating under the brand names Matrix,
AmericaTel, Excel Communications, Trinsic, Startec and Zero11 Wireless.
Financial terms of the transaction were not disclosed.
"Over the past seven years, Impact has focused on delivering one thing:
outstanding telecommunications services. The addition of Matrix to
Impact's deep industry experience will create a superior set of
solutions for our customers," commented Bob Beaty, President and CEO of
Impact. "Through this combination we are delivering on our commitment to
making Impact a high-quality, affordable choice for voice and data
services in the telecommunications industry."
Founded as a CLEC in 2005, and headquartered in Denver, Impact Telecom
is presently a leader in the wholesale telecommunications market,
delivering flexible and effective solutions. Impact owns and operates a
state-of-the-art Voice over IP (VOIP) network, which carries billions of
minutes every year.
In addition to its complementary wholesale strategy, the Matrix business
and residential customer bases provide service bundles and customer
support models geared to customer satisfaction and loyalty. This is a
natural fit with Impact's customer-centric business model.
"Matrix has a strong track record of seamlessly integrating businesses
and Impact has repeatedly demonstrated the ability to grow through
strategic initiatives, innovative product management and a laser-focus
on the ustomer," said Jerry Ou, CEO of Matrix. "This acquisition is
great news for Impact and Matrix's valued customers and further
demonstrates Impact's commitment to industry leadership."
The combined companies will offer an even wider range of switched and
dedicated voice and data services, including domestic and international
direct-dial and long distance, toll-free, and local services, as well as
carrier transport, conferencing, hosting and other value-added services
to commercial, carrier and residential customers.
Once the acquisition has been completed, Impact Telecom will own and
operate a robust, nationwide Class IV/V VoIP-enabled network forming a
mesh of connectivity across major U.S. metropolitan markets. The network
consists of long-haul fiber paths, numerous routers, servers and
The Impact network will provide on-net coverage of virtually every U.S.
LATA and maintain inter-connect agreements with more than 300 carriers.
The network will enable Impact Telecom to deliver voice and data
services to carriers and SIP trunking, hosted IP PBX (News - Alert), IP VPNs and other
cloud services to commercial and residential customers.
The transaction is expected to close in the second quarter of 2013 and
is subject to receipt of approvals of the FCC (News - Alert) and applicable state
regulatory authorities. St. Charles Capital, LLC acted as exclusive
financial advisor on this transaction.
About Impact Telecom
Impact Telecom is a leading, full-service provider of high quality voice
and data communications products and services to carrier, commercial and
retail customers. More information is available at www.impacttelecom.net.
About Matrix Telecom
Matrix Telecom, Inc., (www.matrixbt.com),
operates as Matrix Business Technologies and Trinsic (News - Alert), Powered by Matrix.
It is an integrated telecommunications provider serving consumers and
small and medium size businesses nationwide. Matrix is licensed as a
facilities-based CLEC and Long Distance Provider in 49 states plus the
District of Columbia.
About AmericaTel Corporation
provides telecommunications services to ethnic consumers and businesses
connecting world-wide communities through a flexible network of owned
and leased facilities, operating and termination agreements, and resale
arrangements. Assets include an extensive network of IP gateways,
international gateways, and switches. AmericaTel Corporation serves
North America through the AmericaTel and Startec Global Communications (News - Alert)
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