Momentum Telecom acquires assets of bankrupt VoIP provider CommPartners

Bankrupt VoIP provider CommPartners has been acquired by Momentum Telecom, a provider of private label digital voice services and broadband management to cable operators, municipalities, and managed services providers throughout the U.S. Momentum was the highest bidder of several companies considering the acquisition of CommPartners' assets.

"Our management team identified an excellent opportunity to acquire the assets of another digital voice provider for financially favorable terms, giving us the ability to grow our customer base, leverage significant core technology assets to the advantage of current and future customers, and continue building leadership in this space," said Alan Creighton, Momentum CEO. "We have invested heavily in the supporting applications and processes to scale our hosted IP telephony business, putting Momentum in a perfect position to acquire smaller companies that need capital infusions to continue servicing customers."

The deal makes Momentum one of the largest wholesale VoIP providers in the U.S. with more than 100,000 lines.

CommPartners currently supports approximately 200 reseller customers and more than 27,000 hosted seats and SIP trunks. At its peak, the Las Vegas-based company reported annual revenues of $77 million.

CommPartners has primarily serviced data VARs and other resellers that provide hosted IP telephony to small and medium-sized businesses, closely mirroring Momentum's focus on providing hosted solutions to cable company and municipality subscribers throughout the U.S.

CommPartners will be absorbed into Momentum and be rebranded as details of the ownership change are worked out. Sales support, account management, Tier 2 and Tier 3 technical support will be maintained in Las Vegas to create a strong regional presence.

For more:
- see this release

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