In an effort to boost its business offerings, Comcast has reached a deal to acquire New Global Telecom, a Golden, Colo.-based VoIP services provider.
Comcast (News - Alert) (News - Alert) confirmed the deal to TMCnet today. Terms of the acquisition were not disclosed.
The acquisition is yet another competitive swipe at telecom companies in an effort by a cable company to try to capture a piece of the SMB and enterprise business market.
NGT was not immediately available for comment, but Comcast said the move would help the company enhance its services to business customers.
When reached by TMCnet, a Comcast spokesperson released this statement: “NGT is an innovative company that has expertise, in developing, deploying, and managing voice and unified communications services that we plan to make available to our business services customers. Doing so will not only enhance the services we offer today, but will also enable us to deliver them more quickly and cost effectively.”
NGT claims it is the largest provider of wholesale hosted and trunk-based business class VoIP solutions in the United States. The company offers telephony features, phone service, unified communications, audio and Web conferencing, desktop fax services and E911 service, among other features.
The acquisition shows the growing importance for Comcast to concentrate on voice and data efforts targeting the small business segment. Comcast in October bought Cimco Communications, a Chicago market competitive local exchange carrier, which has about 2300 business customers.
Some in the industry are wondering why Comcast would purchase a VoIP wholesaler serving a big competitor AT&T.
“Then again, another customer is Belgacom (News - Alert) SA so perhaps this move helps the cable company become a global IP communications wholesaler,” TMC CEO Rich Tehrani wrote in his blog today.
“As a slew of companies such as Netflix, YouTube (News - Alert) and Roku continue to provide services which compete with Comcast’s bread and butter business of providing television service, the company is smart to look for other similar businesses to get into,” Tehrani wrote. “Providing content via the NBC deal or hosted VoIP makes sense as the company needs to diversify quickly to ensure predictable revenue in a turbulent tech market which sees continuous disruption.”
Amy Tierney is a Web editor for TMCnet, covering business communications Her areas of focus include conferencing, SIP, Fax over IP, unified communications and telepresence. Amy also writes about education and healthcare technology, overseeing production of e-Newsletters on those topics as well as communications solutions and UC. To read more of Amy's articles, please visit her columnist page.
Edited by Michael Dinan