Thursday, September 30, 2010

Neutral Tandem Completes Acquisition of Tinet

Neutral Tandem, which provides tandem interconnection services to wireless, wireline, cable and broadband telephony companies across the U.S., completed its previously announced acquisition of Tinet SpA, an Italian based global carrier exclusively committed to the IP Transit and Ethernet wholesale market.


The deal expands Neutral Tandem's IP-based network internationally, enabling global end-to-end delivery of wholesale
Voice, IP Transit and Ethernet solutions.


"We believe that this deal will allow us to leverage our core competencies, expand our global footprint, accelerate our Ethernet initiatives and move beyond voice into data solutions," said Rian Wren, President and CEO of Neutral Tandem.


Based in Chicago, Neutral Tandem serves 155 markets in 189 LATAs across the U.S., including Atlanta, Boston, Chicago, Los Angeles, Seattle, Miami, New York City and Washington D.C.


Tinet, formerly the carrier arm of Tiscali Group, has a network presence and customers in EMEA, Americas and APAC.
http://www.neutraltandem.com
http://www.tinet.net