"One of the country's leading business IP telephony service providers, IP5280 Communications today announced the acquisition of the VoIP and Internet services business accounts of RockyNet. The acquisition of RockyNet's IP telephony customers increases IP5280's customer base by over 15% and solidifies IP5280's position as the largest business IP telephony communications provider in the Rocky Mountain region," reports the financial Website Benzinga.com.
"Financial terms of the deal were not disclosed; however, the acquisition is immediately accretive to IP5280 and bolsters 2011 revenue and EBITDA," the site reports.
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IP5280 Announces Acquisition of RockyNet Hosted VoIP Business Customer Base