Adds Fourth Dial-around Brand to its Suite of Casual Calling Services
TORONTO, March 6 /CNW/ - Globalive Communications Corp., a leading
provider of next generation telecommunications solutions globally, today
announced the strategic acquisition of 450TeL Communications Inc., a provider
of casual calling long distance services to Canadian residential consumers.
The acquisition will allow Globalive to effectively compete in the casual
calling marketplace with four familiar Canadian brands: its existing
LooneyCall, Yak, Lucky Call brands, and now 450TeL.
"The acquisition of 450TeL reflects Globalive's ongoing commitment to
being the leading provider of next generation telecommunications services in
Canada," said Anthony Lacavera, Globalive's Chairman and CEO. "Consumers will
be the ultimate beneficiaries of Globalive's combined suite of nationally
recognized casual calling services."
The casual calling marketplace, which is also referred to as the
"dial-around" sector, allows callers to make discounted long distance calls
from their local phone line without using their long distance provider.
Charges appear on the callers' regular phone bill.
"We are excited about joining a dynamic company like Globalive and we
feel 450TeL is a perfect fit," said Mitchel Shore, President of 450TeL.
"450TeL and Globalive share a vision of how to win consumer loyalty by
maximizing value for price-conscious consumers while providing superior
When customers dial 10-18-450, they will continue to get the same deeply
discounted 450TeL long distance rates. Residential consumers simply input this
seven digit number followed by their long distance destination number, and
calls are billed on their local phone bill under 'alternate carriers'.
Globalive Communications Corp. acquired Yak Communications Inc. and LooneyCall
in the fourth quarter of 2006.
ABOUT GLOBALIVE COMMUNICATIONS CORP:
Globalive Communications Corp. is a leading provider of next generation
telecommunications solutions globally. The company develops innovative
applications and delivers first-rate services to clients internationally.
Globalive leads the market in hospitality operator services, VoIP, wireless
services, hospitality, high speed Internet, billing and clearing of call
records, competitive payphone services, and low-cost long distance calling for
both commercial and residential clients. Globalive is now featuring globalive
Interactive solutions, which is comprised of interactive web, television and
mobile applications (including competitions, contests, promotions, polls, text
and IVR voting, text-to-screen and news alerts), as well as rich, varied
content and full wireless infrastructure.
Globalive is an award winning company with several prestigious
recognitions including: No.1 ranking on the 16th annual Profit 100, Canada's
50 Best Managed Companies for three consecutive years, Deloitte Technology
Fast 50, and Canadian Business Magazine's Top 30 Workplaces in Canada. Most
recently, Anthony Lacavera, Chairman & CEO, was named to the celebrated
Canada's Top 40 Under 40 list in 2006.
For further information:
For further information: Amanda Alvaro, (416) 453-7399,