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TeleBlend Acquires VoIP Assets of SunRocket
[July 27, 2007]

TeleBlend Acquires VoIP Assets of SunRocket

TMCnet Contributing Editor
TeleBlend, the VoIP unit of Unified Communications (News - Alert) Corp, has announced it has signed a definitive agreement to acquire some of the strategic assets of defunct VoIP service provider SunRocket (News - Alert).

 The acquisition makes things easier for former SunRocket customers willing to sign up for TeleBlend’s service. More than anything else, it allows them to retain their SunRocket number even after switching to TeleBlend.
Analysts say TeleBlends move has been aimed at discouraging its rivals from luring SunRocket customers.
 TeleBlend, a known broadband phone service provider, says it is offering service to former SunRocket customers at a heavily discounted monthly subscription rate of $12.95. Moreover, TeleBlend has dedicated a Web site for SunRocket customers to sign up for its service and maintain existing phone number.
The company has given no financial details about the deal. All it said that the deal would close shortly.
"With this agreement in place, former SunRocket customers who have not yet transitioned to another provider have a seamless way to transition their service while continuing to use their existing equipment and phone number," said Michael Morrison, general manager of TeleBlend, in a statement.
"Our focus has been an easy transition for the SunRocket customers, and this agreement will significantly ease the process for customers," said Martin Pichison, co-managing member and founding partner of Sherwood Partners, LLC, which took part in negotiation.
TeleBlend, a "preferred" provider for former SunRocket customers, is offering these customers a heavily discounted monthly subscription rate of $12.95 for the duration of their previous annual contract with SunRocket.
Narayan Bhat is a contributing writer for TMCnet
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