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Momentum Telecom Acquires CommPartners
Momentum Telecom
announces 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.
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.
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.
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.
Posted on May 06, 2011
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