SOURCE: Warwick Valley Telephone Company

Warwick Valley Telephone Company

August 29, 2011 09:07 ET

WVT Communications Acquisition Gets Industry Recognition

WARWICK, NY--(Marketwire - Aug 29, 2011) - WVT Communications' (NASDAQ: WWVY) recent acquisition of Philadelphia-based Alteva, LLC has many in the industry taking notice. With the recent spurt of mergers and acquisitions in the telecom technology sector, the WVT-Alteva deal has been rated in the top ten to watch according to CRN.com in its 08/18/11 article "12 Recent Networking Mergers and Acquisitions To Keep An Eye On; And Then There Were Fewer." Here are excerpts of what they had to say:

"The networking, infrastructure and telecom spaces have been consolidating like crazy in recent years...since (April 2011) some of the most eye-opening M&A moves of the year have been proposed or completed. Here's a look at 12 recent networking acquisitions every channel partner with an interest in the market should keep an eye on." (Number 10 on the list is the WVT Communications-Alteva acquisition).

"Why It Matters: More consolidation among service providers, and in this case, a competitive local exchange carrier (CLEC), Warwick (Valley Telephone), snapping up a hosted VoIP specialist, Alteva. Alteva has been an up and comer in the channel for some years thanks to how it interconnects its hosted UC services with Microsoft's UC platform and makes those options available to VAR's (value added reseller) agents, and wholesalers as wholesale and/or white label products."

The entire article can be found at http://www.crn.com/slide-shows/networking/231500187/12-recent-networking-mergers-and-acquisitions-to-keep-an-eye-on.htm

WVT (NASDAQ: WWVY) is a leading edge voice, video, broadband, wireless and unified communications provider serving consumers and businesses in the Mid-Atlantic region and the Northeast corridor, with a 100+ year track record of innovation and superior customer service.

Contact Information

  • IR contact:
    Duane W. Albro
    WVT Communications
    President & CEO
    (845) 986-2100
    Email Contact

    PR contact:
    Angela Tuzzo
    MRB Public Relations
    732-758-1100, ext. 108
    Email Contact