Alteva reported that its first-quarter unified communications revenues, net of eliminations were $4 million, up sequentially 15.6 percent, a factor that helped to ease the pain of the 9 percent decline in telephone segment revenue.
Alteva, a cloud services provider that grew out of its rural telco roots as Warwick Valley Telephone (WVT), reported that unified communications (UC) services contributed nearly 50 percent to its Q4 2012 consolidated revenues.
For many smaller independent ILECs, which have spent much of their 100-plus year lives selling nothing more than traditional POTS, unified communications for businesses is becoming a new revenue savior. As the PSTN declines, UC could mean the difference between survival or extinction.
Alteva, now a subsidiary of independent telco Warwick Valley Telephone ( Nasdaq: WWVY ), referred to as WVT Communications Group, is wasting no time to up its unified communications (UC) offering by
Warwick Valley Telephone ( Nasdaq: WWVY ), like many independent telcos, for much of its existence did nothing more than provide good old' PSTN voice service, but its recent acquisition of Alteva is
Warwick Valley Telephone ( Nasdaq: WWVY ) is making another move to continue its transformation being just another small town phone operator to becoming a bigger business services player by acquiring