Integrated Broadband Services (IBBS) has reached an agreement to acquire SinglePipe, a provider of voice over IP solutions for cable. Combined under the IBBS brand, the company will offer fully integrated voice and data solutions for cable companies that seek to expand their residential and commercial service offerings.
IBBS provides advanced back office systems, technical support services and data and voice applications to cable operators.
SinglePipe offers voice over IP-enabled communications through its owned and operated facilities-based network to cable companies throughout the United States.?
The IBBS/SinglePipe deal is subject to customary closing conditions and is expected to close within the next thirty days. Financial terms of the transaction are not being disclosed.
IBBS customers that currently benefit from the existing IBBS portfolio for residential customers can now add or enhance voice offerings to take advantage of growth opportunities, especially in the commercial services sector. Providers can easily roll out and manage advanced telephony and data services with hosted applications geared specifically for business customers.