Net2Phone (NASDAQ:NTOP)
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From Jun 2019 to Jun 2024
Cable & Wireless today announced that it will expand its
existing relationship with Net2Phone (NASDAQ: NTOP) as its hosted
provider of broadband phone service to include additional islands
throughout the Caribbean. This development follows the successful
launch last May in the Cayman Islands of NetSpeak, the Cable &
Wireless broadband telephony service powered by Net2Phone.
Under the multi-year agreement, Cable & Wireless will expand the
NetSpeak offering to its residential customers throughout the West
Indies, encompassing a population of more than 3.6 million, using
Net2Phone's full-featured Session Initiation Protocol (SIP) based
Voice over IP (VoIP) solution. NetSpeak is a full-featured telephony
alternative to traditional calling that takes advantage of Net2Phone's
VoIP platform and offers lower cost local and long distance calling.
The NetSpeak service gives Cable & Wireless customers access to
emergency services as well as value added features including call
waiting, caller ID, call forwarding and voice mail.
"Net2Phone has demonstrated the unique ability to deliver all the
elements for a full broadband phone service, which C&W can easily
integrate and offer to our customers. The solution provides us with
speed-to-market and with many of the critical back-office tools we
need to effectively manage the service for our customers," said
Enrique Camacho, senior vice president, operations, Internet & Data
for Cable & Wireless' Caribbean Region. "Net2Phone has been a valued
partner for us in Cayman. They have not only given us the tools to
make VoIP available to our customers, but they have also helped to
drive broadband awareness. We look forward to replicating this success
throughout the Caribbean."
"Cable & Wireless held us to extremely high standards in their
Cayman deployment, and we are pleased to have exceeded their
expectations. We are eager to get started on these new implementations
and continue to execute our strategy to help service providers deliver
quality broadband phone services in their markets," said Jonathan
Reich, chief executive officer of Net2Phone Global Services.
Supporting Cable & Wireless in the Caribbean is another step in
Net2Phone's strategy to enable the strongest local retail partners to
deliver the highest quality IP-based voice services internationally.
About Cable & Wireless
Cable & Wireless is one of the world's leading international
communications companies. It provides fixed and mobile voice, data, IP
(Internet Protocol) and broadband services to business and residential
customers, as well as services to other telecoms carriers, mobile
operators and providers of content, applications and Internet
services.
Cable & Wireless' principal operations are in the United Kingdom,
the Caribbean, Panama, Macau and Monaco. For more information about
Cable & Wireless, go to www.cw.com.
About Net2Phone
Net2Phone provides VoIP PacketCable, SIP and wireless solutions
around the world. As a leader in turn-key hosted VoIP telephony
services, Net2Phone has routed billions of VoIP minutes globally,
servicing more than 100,000 users in the US as well as hundreds of
thousands of more overseas. Net2Phone provides partners with a
SIP-based broadband telephony solution, calling cards, prefix dialing
and enterprise services in over 100 countries. Net2Phone's PacketCable
platform provides cable operators with the ability to deliver a high
quality primary line-type service with features such as emergency
calling. For more information about Net2Phone's products and services,
please visit www.net2phone.com.
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. These
forward-looking statements involve risks and uncertainties and actual
results could differ materially from those discussed in the
forward-looking statements. For this purpose, any statements contained
in this press release that are not statements of historical fact may
be deemed to be forward-looking statements. Factors which may affect
the Company's results include, but are not limited to, the Company's
ability to satisfy in a timely manner the requirements of Section 404
of the Sarbanes-Oxley Act and the rules and regulations adopted
pursuant thereto, the Company's ability to expand its customer base,
the Company's ability to develop additional and leverage its existing
distribution channels for its products and solutions, dependence on
strategic and channel partners including their ability to distribute
the Company's products and meet or renew their financial commitments,
the Company's ability to address international markets, the
effectiveness of the Company's sales and marketing activities, the
acceptance of the Company's products in the marketplace, the timing
and scope of deployments of the Company's products by customers,
fluctuations in customer sales cycles, customers' ability to obtain
additional funding, technical difficulties with respect to the
Company's products or products in development, the need for ongoing
product development in an environment of rapid technological change,
the emergence of new competitors in the marketplace, the Company's
ability to compete successfully against established competitors with
greater resources, the uncertainty of future governmental regulation,
the Company's ability to manage growth, obtain patent protection, and
obtain additional funds, general economic conditions and other risks
discussed in this Press Release and in the Company's filings with the
Securities and Exchange Commission. All forward-looking statements and
risk factors included in this document are made as of the date hereof,
based on information available to the Company as of the date thereof,
and the Company assumes no obligation to update any forward-looking
statement or risk factors.