Rural broadband service provider KeyOn Communications, which owns 13 wireless broadband providers in primarily Western and Midwestern states, officially moved into the realm of cloud service infrastructure with its recent acquisition of VoIP provider CommX.
Projections indicate that the acquisition will deliver KeyOn approximately $3 million in annual revenue, CommX’s customer base and the VoIP provider’s highly valued infrastructure for cloud services to support hosted PBX, VoIP, and other value-added services which may involve health clinics and mobile medicine.
“Our controlling investor is looking to use advanced technologies to improve healthcare in the U.S. from a provider and patient standpoint,” Keyon CEO Jonathan Snyder said. “We always felt that our strategy should be a vertically integrated one. In the marketplace we’re seeing demand for value added services and higher bandwith. We have been proactive in getting our cost structure in line so we can provide those services.”
KeyOn offers broadband services to its customer base, which numbers over 20,000, through a diversity of technologies including unlicencsed 2.4 GHz equipment, WiMax, and the Motorola Canopy offering. Its network spans roughly 62,000 feet in 11 states, and is primarily focused on underserved markets with populations typically less than 50,000. Snyder indicated the company will continue to seek future wireless broadband acquisitions.
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