StarVox will merge international network with domestic VoIP network, while
NGT will focus on managed VoIP services strategy
GOLDEN, CO – August 23, 2005 – New Global Telecom,
Inc. (NGT), the leading provider of managed wholesale VoIP solutions, announced
today that it has completed the sale of its International Wholesale Termination
(IWT) business unit to StarVox Communications, Inc. This allows NGT to focus
on its core competency in outsourced network management services, where the
company is successfully growing its managed VoIP business through offerings
such as the 6DegreesIP VoIP product suite.
“The sale of the IWT business unit is mutually beneficial as it enables
us to concentrate more on our VoIP strategy and it allows StarVox to expand
its network offerings,” said Rich Grange, President and CEO of NGT. “We
are the leading provider of managed wholesale VoIP services in the market today,
and this transaction enables us to focus entirely on maintaining that position.
The IWT business unit is in good hands with StarVox.”
As StarVox transitions the IWT network to VoIP technology, carrier customers
who have used the traditional IWT network will gain multiple advantages. Existing
international termination carriers can use the StarVox domestic VoIP network
to lower call termination costs on traffic coming into the US. StarVox will
also work with in-country partners to establish international VoIP routes to
lower termination costs to these countries.
“NGT spent many years establishing the IWT business unit and proving its
value to the many wholesale carrier customers the network supports today”,
said Doug Zorn, CEO, StarVox. “By extending our extensive domestic VoIP
network to international locations, we’re giving our customers a competitive
edge.”
“StarVox plans to aggressively expand the IWT business by actively developing
new routes as well as expanding existing routes,” said Jeffery Thomson,
Senior Director of International Services at StarVox. “This will allow
our carrier customers to grow their businesses. We have been adding new routes
weekly since acquiring the IWT business.”
About New Global Telecom
New Global Telecom, Inc. is the leading provider of wholesale hosted VoIP solutions
and outsourced network management services. Through its New Global Telecom and
General Telecom brands, the company delivers IP and TDM switch partitioning,
outsourced network operations and VoIP services to carriers and service providers,
including CLECs, ISPs, VPN providers and VoIP-centric companies worldwide. NGT's
6DegreesIP product suite of managed wholesale VoIP products offers service providers
a highly effective, turnkey solution to address residential and business end-user
needs. 6DegreesIP includes a complete range of telephony features, extensive
local & long-distance calling footprint, integrated retail OSS, worldwide
conferencing capability, training and other support. TDM-to-IP and IP-to-IP
switching services are also available. For more information, please visit www.ngt.com.
About StarVox
StarVox Communications
is a facilities-based next generation service provider offering wholesale and
retail bundled voice, data and enhanced VoIP services over its domestic VoIP
network and its international wholesale network. The company’s domestic
VoIP network provides “VoIP last mile” access for long distance and
toll free calling to over 80% of business sites and provides local phone service
in most major metropolitan areas. A full suite of traditional and enhanced products
is available to wholesale and retail customers. The international wholesale
network offers reliable cost effective worldwide connectivity to both established
and emerging carriers. StarVox is unique in owning both its application technologies
and domestic and international networks. StarVox works with a variety of channels
(ISPs, CLECs, telecom agents, carriers, affinity groups, property management
groups, etc.) that are interested in migrating customers from traditional separate
voice and data communications connections to a converged voice/data connection.
StarVox offers a complete “turnkey” package of services to its channels
with full individual branding. StarVox services target small, medium and larger
sized businesses (both single site and multi-site) that are interested in lowering
their communications monthly costs by 20% to 40% by migrating to a converged
service. StarVox is a privately held company with headquarters in San Jose,
CA. The company is funded by prominent institutional investors.
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