Broadview Networks Completes Acquisition of ATX
October 12, 2006
Broadview Networks Holdings Inc. on Thursday announced it completed the acquisition of ATX Communications Inc., an integrated communications and managed services provider that serves business customers in the Mid-Atlantic region. On a combined basis, the company has annual trailing revenue of approximately $400 million, driven by offering voice and data communications solutions to SMBs.
The company will now operate in 20 markets throughout the Northeast and Mid-Atlantic United States, including Boston, New York, Philadelphia and Washington, D.C.
Together, Broadview Networks and ATX offer a full suite of voice, data, hardware, and managed network and security solutions focused on serving the demands of communications intensive business customers. Powered by a network of 10 switches including next-generation softswitches and MPLS equipment, the privately held entity has more than 2,300 route miles of fiber, approximately 250 collocations and more than 600,000 lines in service.
When we announced the ATX transaction in June, the focus was on bringing together two great companies committed to delivering innovative and cost-effective solutions to customers in our target markets, said Michael K. Robinson, CEO of Broadview Networks. The teams at Broadview and ATX share a common passion for excellence in customer care and delivering on our promises.
Robinson said the integration is expected to be largely complete early next year.
ATX Communications Inc. www.atx.com
Broadview Networks Holdings Inc. www.broadview.net
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