Atlanta, GA – Feb. 23, 2011– Birch Communications, a leading IP-based telecom and managed services provider for small and medium-sized businesses, announced today that it has signed a definitive agreement to acquire substantially all of the telecom customer assets of Accutel of Texas, a competitive local exchange carrier based in Dallas, Texas.
“Birch welcomes the former Accutel customers with open arms. These customers are an especially great fit for Birch since we just recently completed the build-out of the Birch IP-Network in Dallas, El Paso, Houston, San Antonio, Austin and Laredo,” said Vincent Oddo, Birch president and CEO. “These new customers will benefit from our proven ability to provide world-class service and back it up with world-class support.”
“This acquisition is a natural extension of Birch’s dual corporate strategy of completing highly-accretive asset acquisitions while also increasing our organic sales efforts to expand our business,” said Eddie James, Birch chief financial officer. “This acquisition will further accelerate our growth and customer density in Texas.”
During the past five years Birch has completed 11 acquisitions and has been ranked in the Inc. magazine 500|5000 fastest-growing private companies in 2004, 2009 and 2010. Birch was also named the seventh fastest -growing private company in Atlanta, and in the top 100 private companies in Atlanta, by the Atlanta Business Chronicle in 2010.
About Birch Communications
Headquartered in Atlanta, GA, Birch Communications is one of the largest IP-based telecommunications and managed services providers serving small business customers in 38 states in the southeast, southwest and midwest. Birch is the first in its class to deploy a private IP-Network utilizing soft switch technology to deliver innovative, high quality, affordable voice and broadband communications services to small and medium-sized business customers. Please visit www.birch.com for more information.
According to Inc .500|5000 magazine in its 2004, 2009 and 2010 rankings, Birch was one of the fastest-growing private companies in the United States. In 2010, Birch was also named the 7th fastest growing private business in Atlanta by the Atlanta Business Chronicle. Please visit www.birch.com for more information.
Greg Corwin, Marketing Director