KeyOn Acquires Nationwide Voice-Over-IP (VoIP) Operations Creating Vertically ...
LAS VEGAS--( EON: Enhanced Online News )-- KeyOn Communications Holdings, Inc. ( OTCBB: KEYO ), one of the largest providers of wireless broadband, satellite video and now Voice-Over-IP (VoIP) services in the United States, announced today the asset acquisition of Voice-Over-IP (VoIP) operations of the entities doing business as CommX.
KeyOn Communications’ largest and controlling shareholder is California Equity LLC, an entity controlled by Dr. Patrick Soon-Shiong. Dr. Soon-Shiong, having built and sold two multi-billion dollar pharmaceutical companies in the past few years including Abraxis BioScience to Celgene Corporation ( NASDAQ: CELG ), is a physician, scientist and philanthropist who has made clear his intention to develop a comprehensive “health information highway system” throughout the United States.
It is expected that CommX will add over $3 million in annualized revenues and will immediately make a meaningful contribution to EBITDA. CommX has experienced strong annual organic growth over its history and averaged 15% over the 12 months ended 2010. For the first quarter ended March 31, 2011, on a pro forma basis after giving effect to the two acquisitions completed in the quarter and CommX’s results for the quarter, KeyOn would have revenues of approximately $3.4 million and a narrowed Adjusted EBITDA loss of $270,000.
Founded in 2002 by telecommunications industry executives, Tampa-based CommX ( ) provides hosted VoIP services to businesses and residential customers through direct distribution as well as third-party wholesale and agent partners, including Internet service providers (ISPs), phone system equipment vendors, and system integrators. The VoIP services are provided using redundant softswitch architecture with switching capabilities provided by VoIP application software leader, Broadsoft, Inc. ( NASDAQ: BSFT ).
The strategic acquisition of CommX provides KeyOn with a vertically integrated platform to upsell VoIP services to its more than 20,000 wireless broadband subscribers. Moreover, acquiring the CommX operations will give KeyOn ownership of an intelligent, VoIP softswitch, creating higher overall margins in selling VoIP services. Management anticipates that KeyOn should experience a lower cost of new customer acquisition in selling VoIP given its existing relationship with potential customers as their broadband provider.
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hosted VoIP services to businesses and residential customers through direct distribution as well as third-party wholesale and agent partners, including Internet service providers (ISPs), phone system equipment vendors, and system integrators.
Wholesale food prices, meanwhile, fell 1.4% in May, the steepest drop in nearly a year, the government said Tuesday. Much of that decline resulted from a sharp fall in vegetable and fruit prices. Most economists expect overall food prices to stabilize
(OTCQB: PVSP) announced that its wholly owned subsidiary, VoX Communications, a leading provider of wholesale Voice over Internet Protocol (VoIP) cloud-based telephony solutions, has developed and deployed several video technology additions to its
My point is that electronic equipment fails and the reason is normally other than someone making a phone call. If that is all it took the terrorists would just be carrying laptops and phones on board instead of trying to smuggle explosives on. by EB
The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications. Target Corp. (NYSE:TGT): Down 0.58% to $46.43. Target Corporation operates general merchandise discount stores in the
Long-Range Wireless Phones Available at Wholesale Prices | sniusa.com
Niagara Falls, Ontario (PRWEB) April 18, 2005
Telephone Magic Inc. is pleased to announce it has added the Voyager line of long and ultra-long range cordless phones (http://www.telephonemagic.com/voyager-long-range-wireless-phone-systems.htm) to its very popular telecom equipment website at http://www.telephonemagic.com. This latest addition supplements the other long range cordless phone systems previously on the site (http://www.telephonemagic.com/longrangewireless.htm) and gives visitors a whole new way of expanding their existing business phone systems with a cordless phone extension.
Jeff Jackson, president of Telephone Magic Inc. states: ÂLong range cordless phones have come a long way in the past few years, and weÂre happy to provide the Voyager line of wireless phones. While the North American models feature a range of 1-6 miles, international models have a range of up to 50 miles, making them ideal solutions for areas that are not serviced by cellular phone coverage. Jackson continues ÂIn addition to the long range, all Voyager phone systems are expandable to cover up to 9 lines and 90 handsets, making them a very attractive option for factory or greenhouse operations that need to keep in touch with their employees over a distance.Â
ÂThere are also several station-to-station models that enable companies to install a Âvirtual phone line to a remote location, without having to dig any wires or make any infrastructure changes. The phone signal is simply transmitted wirelessly from one location to another. There are companies and individuals using these systems now connecting buildings together that are 8 miles apart or more. It is these functions that make the Voyager line of long range cordless phones very attractive to the end user. This is truly the next generation of long range cordless phone technology and Telephone Magic is happy to once again be at the leading edge of telecom in this area.Â
Telephone Magic Inc.Âs website is considered one of the strongest business phone equipment sources on the Internet. Telephone Magic sells business telecom products at wholesale prices, which allows dealers and end users alike the opportunity to save money on the cutting edge telecom products they require.
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