eXpeTel Communications Chooses TAQUA to Expand Network
January 28, 2004
JACKSON - eXpeTel Communications has chosen Taqua's iX7000™ next-generation Class 5 packet switch for its facilities-based switching system to be used for converged voice and data services with its growing customer base in Mississippi, as well as expansion into new markets.
With over 10,000 customers primarily in the state of Mississippi, eXpeTel has a focus of growth for 2004 in both the consumer and business markets throughout the southeast. According to eXpeTel's CEO, Wade Spooner, the open programmability of Taqua's iX7000™ allows third-party development and deployment of enhanced services tailored to any market. "The result is a flexible and cost-effective solution for competing profitably within our industry."
With the uncertainty of the continued regulatory challenges from the Bell Companies, it is important for Competitive Local Exchange Carriers (CLECs) to control their own destiny. "By utilizing Taqua's switching platform, eXpeTel will be able to minimize cost and time-to-market and achieve profitability in the new markets expansion, while differentiating service offerings from the incumbent carriers," said Ted Parsons, executive vice president for eXpeTel Communications. "We are seeing tremendous growth opportunities with expansion beginning in January in Georgia, with an initial focus on the consumer markets and then expanding our markets in Alabama, Florida, Georgia, Louisiana and Tennessee."
Spooner and Parsons aren't the only ones bullish on 2004 for the resurging CLEC Industry. According to the Telecom Policy Report, printed December 2003, from New Paradigm Resources Group Inc. (NPRG), "all ingredients are present for a growth turnaround in the CLEC industry." NPRG also calls the end of 2003 a key "inflection point" that may well mark the beginning of new industry vitality as surviving players put the worst of the telecom downturn behind them and begin to capitalize on factors that promise a healthier marketplace.
Other positive indicators for the CLEC market recovery include consistent customer loyalty by providing bundled voice/data/video services, and early market entry by a few CLECs offering voice over Internet protocol (VoIP) services that provide significant savings and reduced provisioning times, all directly benefiting the consumer.
"That's our focus," said Spooner. "Our company has weathered the industry storm over the past few years and have prepared for this time." The CEO states that with the implementation of its carrier switch and by utilizing the unbundled network elements available from the Bell Companies, which is a major factor behind the company's low-cost penetration of the consumer markets, eXpeTel is positioned to move aggressively to the next level.
About XFONE, Inc.
A U.S.-domiciled corporation, XFONE, Inc. is an international voice, video and data communications services provider with operations in the United Kingdom, the United States and Israel that offers a wide range of services, which include: local, long distance and international telephony services; prepaid and postpaid calling cards; cellular services; Internet services; messaging services (Email/Fax Broadcast, Email2Fax and Cyber-Number); and reselling opportunities. The Company serves customers worldwide. For the Company’s website, please visit: www.xfone.com
This press release contains forward-looking statements. The words or phrases "should," "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." The Company's financial results reflected above should not be construed by any means as representative of the current or future value of its common stock. All information set forth in this press release, except historical and factual information, represents forward-looking statements. This includes all statements about the Company's plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include issues related to rapidly changing technology and evolving standards in the industries in which the Company and its subsidiaries operate; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, and license and sign new agreements; the unpredictable nature of consumer preferences; and other factors set forth in the Company's most recently filed annual report and registration statement. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks and uncertainties described in other documents that the Company files from time to time with the U.S. Securities and Exchange Commission.
| For More Information,
Please Contact: |
| U.S. IR Contact |
Israel IR Contact |
Xfone Contact |
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
Phone: 1-203-972-9200
E-mail: jnesbett@institutionalms.com
|
Zvi Rabin
Kwan Communications
Tel: (Israel) +972 50 560 0140
E-mail: zvi@kwan.co.il |
Niv Krikov
Chief Financial Officer
Phone: + 972.39254446 (Israel)
E-mail: niv@xfone.com |
| |
|
|
|
