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Utilities M&A image Utilities M&A » By The Online Investor Staff, updated Sun., Apr. 11, 9:53 AM Recent mergers and acquisitions in the Utilities M&A category.

Slide #46. Tellza MatchCom

Acquirer: Tellza (TEL.CA)
Acquiree: MatchCom
Details: Tellza Communications Inc. (TSX:TEL) announced that it has completed the purchase of the assets and assumption of liabilities of MatchCom LLC, A Florida company ("Matchcom"). The purchase consideration was $585,000 in cash, the issuance of five million common shares from treasury and 10% of the shares of the acquisition Company Matchcom Telecommunication Inc. (http://www.matchcoms.com). The series of transactions results in Tellza owning 90% of the former business of MatchCom LLC.

Tellza is engaged in the provision of call origination and delivery services on a network basis for switchless long distance resellers and Voice over Internet Protocol ("VOIP") service providers in Canada; and call delivery services for international carriers of all sizes who require this service for calls made to Canada originating on their networks. Co.'s network services include unlimited flat rate T1 or DS3 Canada On-Net Origination/Termination pricing; DID's for Origination from 40 major Canadian urban areas (Points-of-Presence) for Calling Cards, ANI Recognition and residential VoIP Customers; and toll Free 800 origination.

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Company Name: 
Tellza Inc
Website: 
www.phonetime.com
Sector: 
Communications Services
 

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