Onvoy, a voice-centric service provider, is acquiring ANPI in a deal that will enhance its ability to address rural ILECs. Terms of the deal were not disclosed.
Q Advisors, a leading global TMT investment banking boutique, acted as exclusive financial advisor to ANZ, ANPI's parent company, in connection with the acquisition.
By purchasing ANPI, Onvoy will gain a number of key voice solutions including Long Distance, Tandem, SS7, Voice Application Peering (VAP) and Hosted End Office via Unified Communications as a Service (UCaaS).
Onvoy said rural ILECs will be able to gain lower cost solutions. RLEC customers will be able to access these solutions from portals and fully automated REST APIs. Additionally, other carriers and service providers benefit from the increased termination reach and the resulting positive impact on rural call completion.
In 2011, Onvoy was spun out of Zayo Group following the company's acquisition of 360networks.
For more:
- see the release
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This article was updated on June 14 to reflect that ANZ is ANPI's parent company.