O1 Communications Sells SMB Customer Base to TelePacific
Following regulatory approval, TelePacific will assume responsibility for service and support of O1 Communications' small to medium-size business (SMB) customers.O1 Communications, a competitive local exchange carrier serving retail and wholesale business customers, announced it has signed a definitive acquisition agreement to sell the company's retail customer base to TelePacific Communications, a business telecommunications provider in California and Las Vegas. O1 Communications will retain its wholesale customer base and its name, the company said. Under the terms of the agreement, following regulatory approval, TelePacific will acquire O1 Communications' SMB (small and midsize business) accounts and assets primarily dedicated to serving that customer segment. The transaction will include purchase of O1 Communications' Sacramento data center. Going forward, O1 Communications said it would focus exclusively on its wholesale and carrier business: O1's wholesale services include call origination, call termination and SIP (session initiation protocol) peering services, with new services in development.
TelePacific provides services through a combination of TelePacific-owned switches and network infrastructure, including its own and leased fiber-optic network assets. Offering local and long distance voice, dedicated Internet access, private networking and data transport services as well as bundled voice and Internet solutions and wholesale services, TelePacific claims more than 39,000 customer accounts with more than 1.1 million access lines in service.