New York, NY. October 24, 2016 – Endstream announced today that it has completed the acquisition of the assets of Mainstream Communications, Inc., a provider of wholesale voice termination. "Mainstream and Endstream are complementary businesses, and through the acquisition of Mainstream’s assets we can immediately recognize the synergies of the merged assets," said Erik Levitt, Endstream's CEO.
Brian Stone, the CEO of Mainstream, will join the Endstream management team as Partner and Chief Operating Officer. "The combination of the assets of Endstream and Mainstream is a natural course for both companies and we look forward to a smooth transition," commented Mr. Stone. Mainstream augments Endstream's extensive portfolio of voice termination and origination services and both companies will obtain substantial synergy in the combination of networks and supplier base. Customers will realize the benefit of the merger in improved wholesale rates and the increased origination footprint.
In addition, Mainstream will further Endstream’s mission to provide new services alongside voice termination and origination, including SMS services. “Our future is not just in expanding our termination footprint, but in providing services to the current and future generation of telecommunications consumers, which will include a much broader array of messaging services,” added Levitt, “Mainstream has strategic assets that will help further that objective.”
The details of the transaction, which closed on October 17th, were not disclosed.
About Endstream: Endstream Communications, Inc. is a next-generation carrier providing high-quality, cost-effective voice telecommunications solutions including domestic voice termination and origination services. For more information, please visit www.endstream.com.
Endstream Communications Contact: