Birch Signs Agreement to Acquire Covista Communications Assets
Atlanta, Ga. – Jan. 2, 2013 - Birch Communications, a leading IP-based telecommunications and managed services provider to small- and medium-sized businesses, announced today that it has signed a definitive agreement to acquire select customer and network assets from Covista Communications, Inc. (“Covista”). Covista, which is currently traded under the symbol CVST.PK, is a facilities-based telecommunications service provider that serves business, wholesale and residential customers in 48 states. This transaction marks the 17th acquisition for Birch since 2006.
“Covista’s base of high-quality customers are primarily located in several southeastern, southwestern and northeastern states, and fit extremely well into the current Birch footprint. In addition, Covista’s Metaswitch-based facilities network, which has switching centers in Tennessee, New York City and Los Angeles, is complementary to our current service footprint while also adding some new markets,” said Vincent M. Oddo, Birch President and CEO. “This acquisition will strengthen the breadth and scope of the Birch IP-Network and will further enhance our hosted PBX, SIP trunking and wholesale service offerings.”
“We look forward to welcoming the Covista customers into the Birch family. We are excited to be able to introduce them to our award-winning customer service team and our outstanding portfolio of IP-based services.” said Chris Aversano, Birch Chief Operating Officer. “In 2013, we intend to continue the expansion of the Birch IP-Network service footprint into new markets and to broaden the scope of our managed telecommunications and IT solutions as we anticipate and plan for the needs of our customers.”
“We are pleased to know our customers will be receiving the same level of customer care at Birch to which they are accustomed,” said Warren Feldman, President and CEO of Covista Communications. “With a premium network architecture, along with a varied and competitive product offering, our customers should be confident in building their businesses’ future knowing their data and communications services will be provided with excellence and professionalism.”
About Birch Communications
Birch Communications provides IP-based communications, cloud and managed services to businesses in all 50-states, the District of Columbia, Canada and Puerto Rico. Birch services include: voice, broadband, Internet access, hosted services, managed services, wireless voice, wireless data and many other communications, cloud and managed services. Voice and broadband services are, in most cases, delivered using the Birch secure IP-network.
According to Inc. 500|5000 magazine in its 2012, 2011, 2010, 2009 and 2004 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, and in 2011 as one of the Top 100 Private Companies in Atlanta, by the Atlanta Business Chronicle. Please visitwww.birch.com for more information.
Birch Communications, Inc.
Senior Manager, Public Relations