Denver, CO (PRWEB) October 04, 2013
FORETHOUGHT.net, a local Denver-based internet provider since 1995, announced today that it acquired another Colorado-local internet service provider (ISP), Brainstorm Internet, to build on core strengths and to deliver on its vision to provide gigabit fiber services along the Front Range and the Western Slope as a premier local Internet provider for home and business.
Building on its growing footprint, FORETHOUGHT.net purchased Brainstorm Internet based in Durango, Colorado to accelerate the growth and expand its footprint across Colorado, Arizona and New Mexico through faster innovation, increased synergies, gigabit fiber offerings and unified communications. For Brainstorm Internet, this transaction is expected to be significantly beneficial to its voice product offerings, overall internet speeds for its customers, and provide a solid basis for future investment in its continuing business.
“It’s a bold step into the future – a win-win for employees, our partners and our customers of both companies. Bringing these great teams together will accelerate FORETHOUGHT.net’s share and profits in phone service, cloud and internet delivery. It will strengthen the overall opportunities for our entire family of products and services,” said Jawaid Bazyar. “Brainstorm brings proven capability and talent in critical areas such as wireless networks and engineering.”
“We are excited and honored to be bringing Brainstorm Internet’s incredible people, technologies and assets into our FORETHOUGHT.net family. Given our technology synergies, we anticipate a smooth transition and great execution,” Bazyar said. “With ongoing share growth and the synergies across markets, we expect this acquisition to be beneficial to significant long-term revenue and profit opportunities.”
“It was a difficult decision to sell Brainstorm Internet. It was important for me to find the right company that valued the power of great local customer service and had a strong commitment to the local community. That is FORETHOUGHT.net,” Phil Bryson, CEO of Brainstorm said. “I am confident that our customers will see even better service and I know that they are in good hands.”
“For Brainstorm, this is an important moment of reinvention and product offerings for our customers,” said Russ Elliott, President of Brainstorm Internet. “After a thorough assessment of how to maximize value, we believe this transaction is the best path forward to succeed in the wireless and fiber internet space.”
“Building on our successful partnership, we can now bring together the best of the FORETHOUGHT.net networking and voice engineering with the best of the Brainstorm Internet wireless engineering, award-winning customer support, and regional sales,” said Jawaid Bazyar. “With this combination of talented people, we have the opportunity to accelerate the current momentum and cutting-edge innovation of our networks across the Front Range and the Western Slope.”
Since 1995, FORETHOUGHT.net (http://forethought.net/businessservices.html) is a locally owned and operated Internet, cloud and communications service provider, offering a portfolio of enterprise-level cloud hosting, colocation, Internet, voice and data solutions for Colorado businesses and is focused on providing Internet speeds that work for Colorado.
The Denver Business Journal ranked FORETHOUGHT.net as a Top 15 Telecommunications Company and a Top 15 Internet Service Provider. ColoradoBIZ Magazine listed it as one of Colorado's Top 250 Private Companies. BBB.org accredited A+ member.
About Brainstorm Internet
Since 1999, Brainstorm Internet (http://gobrainstorm.net) has been Western Colorado and Northern New Mexico's largest independently owned and operated internet service provider. Brainstorm specializes in delivering services to municipalities, regional hospitals, school districts, libraries and other significant anchor institutions throughout its region through fiber, copper and licensed microwave solutions. Brainstorm is know for it's ability to provide custom broadband and voice solutions to rural parts of Colorado and New Mexico where other incumbent carriers have struggled to provide adequate connectivity. Along with a strong commercial presence brainstorm also has served its over 10,000 residential customers with high end data and voice solutions.
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