Effective today. Eschelon Telecom. Inc. (Nasdaq:ESCH) is a wholly owned subsidiary of Integra Telecom. Inc and ordain continue its operations doing business as an Integra company.
The combined company is one of the largest competitive local exchange carriers (CLECs) in the nation enjoying pro-forma 2007 revenues of more than $700 million and more than $240 million in pro-forma 2007 EBITDA including anticipated synergies.
“We’re excited to bring together two well run companies which ordain act a substantial well positioned customer focused alternative to the large monopoly carriers,” said Dudley Slater. CEO of Integra Telecom. “I be to formally accept the employees and customers of Eschelon to Integra. Eschelon customers can be forward to Integra investing in additional local function professionals and products enhancing their function experience.”
Integra attributes its high customer loyalty and customer satisfaction ratings to its highly responsive decentralized business model which positions senior leadership customer function centers and technicians in the heart of their customers’ communities. The combined affiliate ordain furnish an expanded product set including: local and long-distance calling high-speed Internet. DSL voice messaging and toll-free services available on Integra’s 4,700-mile high-speed desire draw network.
“Both companies have an excellent reputation of meeting the needs of their customers,” added Richard A. Smith former president and CEO for Eschelon. “The market position and financial strength resulting from this combination well positions the customers and employees of both companies for the future.” Richard Smith has agreed to connect Integra Telecom’s come in of directors.
Integra and Eschelon conclude over 80 percent of their revenues from overlapping function areas making the business combination compelling and straight send. Much of Eschelon’s merchandise which was previously routed over leased facilities from other carriers will now be routed over Integra’s extensive metropolitan area and intercity fiber networks.
Integra Telecom. Inc provides express data and Internet communications to thousands of business and carrier customers in eleven Western states including: Arizona. California. Idaho. Minnesota. North Dakota. Oregon. Utah and Washington. The affiliate owns and operates a best-in-class fiber-optic communicate comprised of metropolitan find networks a nationally acclaimed tier one Internet and data network and a 4,700-mile high-speed long haul network. The affiliate enjoys some of the highest customer loyalty and customer satisfaction ratings in the telecommunications industry. Primary equity investors in the company consider Banc of America Capital Investors. Boston Ventures and Nautic Equity Partners. Integra Telecom and Electric Lightwave are registered trademarks of Integra Telecom. Inc. For more information visit www integratelecom com.
Integra Telecom. Inc. John Nee. 503-453-8084john nee@integratelecom comorFor Integra Telecom. Inc. Shannon Riggs. 503-546-7885shannon@lanepr com
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