Birch Communications, an IP-based telecommunications and
managed services provider for small- and medium-sized businesses, announced
that it has signed a definitive agreement to acquire the U.S. CLEC assets of
Cordia Communications, My Tel Co and Northstar Telecom, a competitive local
exchange carriers based in Orlando.
Included in the acquisition are approximately 55,000
business, residential and broadband access lines across 24 states.
“Acquiring the Cordia assets further advances
Birch’s corporate strategy to strengthen and expand our business via ‘tuck-in’
synergistic acquisitions,” said Vincent M. Oddo, president and CEO, Birch.
“This is our 12th strategic acquisition during the
past five years and each one has significantly increased customer density in
our 38 state service footprint. As a result of this asset acquisition,
Birch will be adding up to 50 jobs in our Macon, Georgia and Emporia, Kansas
Operations Centers. The majority of these jobs were previously located
outside the United States,” Oddo added.
Throughout its 15-year history, Birch
has built an unparalleled reputation for delivering great service to business
and residential customers with a very strong commitment to customer
“We are looking forward to welcoming Cordia
customers into our Birch family knowing that they will immediately benefit from
our dedication to providing award-winning, superior customer care,” said
Christopher Aversano, COO, Birch.
The transaction is expected to close in the early fourth
quarter of 2011 and is subject to, among other conditions, receipt of approvals
of the FCC, applicable state regulatory authorities, and other customary
By Telecomlead.com Team