IP4B Acquires the VoIP Business Unit of FasTTelecom

IP4B POSITIONS ITSELF AS AN UNDISPUTABLE LEADER OF VOIP SERVICES IN CANADA
IP4B, a world-class full-service provider of IP telephony and unified communications, announced today that it has reached an agreement with FasTTelecom to acquire its IP telephony business unit known as “FasTTelecom VoIP”.
This transaction includes three important elements:
- IP4B acquires all of FasTTelecom VoIP’s IP telephony customer base and will operate and maintain the technology platform.
- IP4B hires key resources of the business unit related to Internet and telephony services.
- IP4B also acquires some important assets.
It is important to note that, according to the terms of this agreement, FasTTelecom will continue operating its structured cabling business unit founded 15 years ago.
This transaction allows IP4B to continue its growth strategy while positioning itself as a clear leader in Eastern Canada for business IP telephony and innovative unified communications services.
“The telecommunications market is undergoing profound changes as technologies evolve at a lightning speed. In order to leverage the business agility that we have developed over the years, we must maximize economies of scale and synergies that mergers like this one offer” mentions Mr. Steve Foisy, IP4B President. “It is in this context that we are thrilled to welcome FasTTelecom VoIP’s customers and integrate the new team members” adds Mr. Foisy.
“For FasTTelecom VoIP, it is a unique opportunity for our customers to have access to the world-class carrier-grade Cisco-BroadSoft IP telephony platform deployed by IP4B” says Mr. Patrick Beaulieu, FasTTelecom VoIP President. “We have always been very attentive to providing an exceptional customer experience and with IP4B we can now move up to the next level. It really is a win-win-win opportunity” concludes Mr. Beaulieu.
About IP4B
IP4B is a leader in business telecommunications solutions for close to 30 years. The Montreal-based company offers IP telephony (VoIP) and unified communications solutions helping its customers improve productivity and reduce operational risks. IP4B operates its own telco grade hosted IP telephony platform. It is a proud member of the elite club “Powered by Cisco-BroadSoft”. IP4B is a part of a group of enterprises of 150 employees with annual revenues of $60M. For more information, please visit www.ip4b.ca/en.
About FasTTelecom
For the past 15 years, FasTTelecom offers its clients design, installation and management of structured cabling solutions for businesses. Its team of structured cabling specialists work closely with the client’s project team in order to establish an installation plan based on the highest industry standards.
Contacts
Steve Foisy | Maxime Gousse |
President | Sales and Marketing Director |
IP4B | IP4B |
514-444-4742 ext.: 3205 | 514-444-4742 ext.: 3250 |
sfoisy@ip4b.ca | mgousse@ip4b.ca |
Patrick Beaulieu | Luc Germain |
Senior counselor | President |
IP4B | FasTTelecom |
514-444-4742 ext.: 3220 | 514-894-4065 ext.: 321 |
pbeaulieu@ip4b.ca | lgermain@fasttelecom.ca |