IPFone, a leader in Unified Communications and Internet services, announced the signing of a definitive agreement to acquire TelNet Worldwide, Inc., a competitive service provider based in Detroit, Michigan, specializing in telecommunications and network services. This strategic acquisition will expand IPFone’s operations to include a combined customer base of about 8,000 corporate accounts and nearly 100,000 subscribers across platforms and services, marking a significant milestone in IPFone’s growth strategy
Damian Chmielewski, President & CEO of IPFone, expressed his enthusiasm for the acquisition, stating, ‘This is a transformative moment for IPFone. Acquiring TelNet Worldwide enhances our service offerings and expands our reach. We are excited to welcome TelNet’s customers, partners, and employees, and look forward to promoting enhanced service and innovation together.'”
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“For over 25 years, TelNet Worldwide has enhanced the productivity and competitive position of businesses through essential and transformative communication solutions,” said Mark Iannuzzi, President of TelNet. “Our strategic alignment with IPFone will amplify this mission, maximizing our ability to connect enterprises with their customers and employees.”
Source: PRWeb