Phone Power LLC, a telecommunication provider, has acquired VOIP.com, a Voice Over IP service provider headquartered in Boca Raton, Florida.
Officials with Phone (News - Alert) Power said that the company has built a solid reputation in providing cutting-edge communications solutions to both residential and business customers.
According to company officials, this is the third acquisition for Phone Power in the last twelve months.
Financial terms of the deal were however not disclosed.
The acquisition is expected to grow the Phone Power customer base over 25 percent.
“VOIP.com is an excellent fit for Phone Power as we continue to grow,” said Ari Ramezani, CEO of Phone Power.
Ramezani said that the company is very pleased to welcome VOIP.com customers into the Phone Power family.
“We look forward to utilizing our combined synergies to provide all of our customers the most advanced features that technology has to offer and a world class customer service experience”, he said.
Ramezani said that the VOIP.com brand will contribute significantly to the company’s organic growth potential.
Company officials said that moving forward, the VOIP.com brand will co-exist independently with the Phone Power brand.
Phone Power plans to manage the VOIP.com brand by continuing to invest in marketing, infrastructure and customer support. VOIP.com clients will gain access to Phone Power’s advanced features such as their free softphone, mobile apps, and free international calling.
Phone Power is a next-generation telecommunications company, headquartered in Winnetka, California.
A privately owned company founded in 2005, Phone Power’s residential and small business phone service provides outstanding communications to tens of thousands of customers in North America, processing millions of minutes of calls each day, from all over the world.
Anil Sharma is a contributing editor for TMCnet. To read more of Anil’s articles, please visit his columnist page.
Edited by Stefanie Mosca