RingSquared Acquires AccessPlus to Accelerate Northeast Fiber Network Expansion
MAHWAH, N.J. (PRWEB) August 01, 2023 -- RingSquared, a nationwide business voice and data solutions provider, has completed the acquisition of the telecom business AccessPlus Communications, based out of Chicopee, MA. The transaction received FCC regulatory approval and closed on July 31st, 2023.
RingSquared’s newly acquired AccessPlus will retain its name and now service the greater Northeast region with fiber connectivity on a combined footprint of over 170 miles of route fiber and fixed wireless access points. The current fiber infrastructure of RingSquared and AccessPlus spans several high-density city centers in the Berkshires as well as the Capital District of New York. AccessPlus will cover most businesses immediately, with further expansion scheduled to cover the residential market.
“We’re excited to join forces with AccessPlus Communications. Doug Norton and his team’s strengths reside in the engineering, installation, and management of fiber in their existing markets. He brings a tremendous amount of experience and knowledge that will help enhance the advanced infrastructure of the RingSquared platform,” stated Kevin Alward, RingSquared CEO.
AccessPlus Communications is an established high-speed fiber and fixed wireless access service provider. The acquisition brings with it a client base of highly respected educational facilities, financial institutions, and municipalities throughout the Berkshires including Williams College, Western New England College, Berkshire Bank, the City of Pittsfield, and the City of Springfield. Douglas Norton, President of AccessPlus, will continue in his capacity and lead the network expansion under RingSquared.
“The acquisition of AccessPlus Communication accelerates RingSquared’s fiber network expansion throughout the NE market. We already provide fiber Internet services in the Capital District of New York, and the addition of AccessPlus will help us roll out access solutions to a wider number of business and residential customers in our core markets,” said Alward.
Jason Cummins, EVP of Engineering at RingSquared, will move into the role of AccessPlus COO. With over 25 years of telecommunications experience, Cummins will be supporting and leading the organization’s development and growth. “I’m very excited to bring together our two networks and continue to advance the infrastructure. We’re bringing in unprecedented high-speed Internet solutions to this area and it will have an immediate positive impact on the community,” commented Cummins.
AccessPlus will combine services with RingSquared to deliver high-performance Internet and enterprise networking solutions with speeds up to 10 GB to business customers in its existing markets of Pittsfield, Lenox, Lee, Adams, North Adams, Great Barrington, and Springfield, Massachusetts, and Troy, New York.
In addition to fiber, RingSquared will also leverage the extensive AccessPlus fixed wireless network coverage with privately owned dedicated towers to provide customers with an unparalleled, fully redundant connectivity solution for full business continuity.
“We look forward to joining the RingSquared platform and its impressive network technology to combine and create a top-of-market fiber network with 10 GB Fiber to the Premise and wireless solutions to the Berkshires and Capital District of New York communities,” said Norton.
RingSquared has continued to invest in its network’s reliability and reach since acquiring the network assets of Troy, NY-based Cornerstone as part of the Magna5 deal in 2021. The company has also made major investments in its voice and data infrastructure including new Microsoft MetaSwitch, Ribbon SBC 7000, and Juniper Network infrastructure, creating nationwide geographic redundancy using industry-leading technology.
This will be RingSquared’s 8th transaction in eight years and the company continues to successfully execute on its “acquisition – integration – optimization” strategy.
Q Advisors, a leading global TMT investment bank, acted as the exclusive financial advisor to RingSquared in connection with this transaction. Q Advisors has a longstanding partnership with the RingSquared organization as their advisor on all previous transactions.
RingSquared’s company headquarters are in Mahwah, NJ, with offices in Troy, NY, Chicopee, MA, and other locations throughout the US.
About RingSquared:
RingSquared is the parent company for several market-leading telecom and Internet providers that deliver next-generation solutions over the RingSquared Network. Built on carrier-grade facilities with local and geographically redundant architecture, RingSquared ensures every client benefits from a reliable and scalable network, managing more than 8 billion calls annually. RingSquared currently provides fiber connectivity to select NE markets and is focused on expanding in the Massachusetts area.
With a dedicated leadership team bringing 150+ years of combined telecommunications experience, RingSquared is a trusted provider to more than 30,000 customers. Its diverse customer base includes large enterprises and SMEs across multiple verticals from finance to government, non-profits, manufacturing, consumer, media, entertainment, healthcare, and professional services.
RingSquared LLC brands include RingSquared Telecom, RingSquared International, AccessPlus, Dial800, Custom Toll Free, and Kall8. For more information, visit https://www.ringsquared.com/.
About AccessPlus Communications:
Launched in 2003, AccessPlus Communications has provided telecommunication solutions throughout New England for 20 years. Led by Douglas Norton and Stephen Williamson, both with 30+ years of telecom leadership experience, AccessPlus Communications has built a powerful network of fiber optic networks and infrastructure.
AccessPlus provides fiber and wireless Internet connectivity to key markets across Western Massachusetts including Springfield, Worcester, Williamstown, Chicopee, the Berkshires, and Northampton.
Learn more at https://www.getaccessplus.com/.
Megan Andersen, RingSquared, http://www.RingSquared.com, 1 800-427-7464, [email protected]
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