Orlando, Florida (PRWEB) May 14, 2012
Stonehenge Telecom, a premier provider of next generation telecommunication services and products, announced today they have entered into two (2) definitive agreements under which Stonehenge will acquire Supranetcom of Paris, France and Annecto Telecom of London, England for both cash and stock. The details of the transaction will be released at a later date. These impending transactions reflect Stonehenge’s on-going commitment to stay ahead of market demand by growing their suite of products and services for their wholesale and retail customers alike
“Joining forces with Stonehenge is a win-win situation for our employees, our partners, and our customers,” said VJ Odedra, CEO of Annecto Telecom. “We are excited to accelerate our vision, growth and innovation, and see these synergies bring tangible benefits to the market.”
“These two very unique strategic acquisitions complete an essential element to expanding Stonehenge’s global footprint, as well as augmenting our already strong growth in the wireless, wholesale voice termination, technology and soft-switch sectors,” said Stonehenge’s President and CEO, Patrick Willemsen. “Anytime you have the opportunity to integrate the talent, resources, and remarkable track record of two fine organizations like Annecto and Supranetcom, you definitely have a calculated recipe for success.”
“The strength of the long-standing relationship between the two companies spanning product development, network integration, and cross-functional technical collaboration is the foundation for this union of our two companies,” said Youcef Louadj, President of Supranetcom. “We are privileged to take the next step in our affiliation with Stonehenge and their extraordinary leadership team.”
It is anticipated that each organization will continue to operate under its present trade name and management team, with integration of operations, accounting, marketing, and sales distribution to take place over the upcoming months.
About Stonehenge: Stonehenge Telecom is a U.S. based telecommunications company with additional offices in Europe, and emergent operations in Asia and Latin America. Positioned as a single-source cloud-based communications service provider with strong technology and software architectures based on “Next Generation” Voice over Internet Protocol (VOIP), Stonehenge offers one of the most complete suites of voice, data, and network communication services and products available. For more information, please visit: (http://www.stonehenge-telecom.com)
About Annecto Telecom: Initially established in 2003 as a carrier-grade wholesale provider, Annecto has developed into a full service infrastructure-rich Mobile Virtual Network Operator (MVNO) & Mobile Virtual Network Enabler (MVNE) in the United Kingdom and Ireland. Annecto’s continued investment in Tier1 fixed and mobile network operators interconnects to strategic destinations, coupled with their mobile/wireless offerings, clearly differentiates them amongst their peer group of European facilities based carriers.
About Supranetcom: Founded in 2003, Supranetcom is a highly successful Software as a Service (SaaS) development company based in Paris France, whose primary specialization is in the design and deployment of Service Delivery Platforms tailored to the Carrier, Service Provider, and Enterprise Segments. Supranetcom holds numerous technical development awards and has been acknowledged as “Young Innovative Enterprise” (Jeune Entreprise Innovante) every year since 2008, and since has registered four (4) “Innovative Projects” within the governmental research and development program in France.
Jerrad P. Jasper
Chief Marketing Officer