One Communications was formed in July 2006 through the merger of CTC Communications, Conversent and Choice One Communications, creating the largest privately held competitive local exchange carrier (CLEC) in the United States. Choice One had already been a longtime VeriSign customer. The convergence of three separate networks presented One Communications with the challenge of creating a single, efficient network in a cost effective manner.
"Based on our past experience with VeriSign, we were confident that they would be able to help us quickly integrate our SS7 network services -- allowing us to optimize performance and realize the synergies associated with a common platform," said Jim Weidman, vice president of engineering, One Communications. "Their commitment, open communication, and knowledge were assets that contributed to the overall success of the project," he added.
In addition to VeriSign's SS7 network, the company was able to deliver Calling Name, Toll-Free Services and Local Number Portability, helping One Communications to improve overall performance and profitability.
"VeriSign operates the largest independent SS7 network in North America, which we employ to offer our customers a wide selection of innovative database services to meet their diverse needs," said Bill Wolfe, senior vice president, VeriSign Communications Services. "That breadth of technology allowed us to quickly achieve network synergies across each of the three networks One Communications was managing, creating a smooth transition."
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About One Communications
One Communications -- the largest privately held competitive local exchange carrier in the U.S. -- is a leading provider of integrated telecommunications solutions serving more than 160,000 businesses, from large to small, in 16 states throughout the Northeast, Mid-Atlantic, and Upper Midwest regions. The company operates a robust, facilities based IP network with 10,000 route miles of fiber connecting over 700 collocation facilities. With more than 2,000 employees and $800 million in annual revenue, One Communications is uniquely positioned to offer a robust portfolio of advanced telecommunications solutions backed by a higher level of personal attention. Visit One Communications online at www.onecommunications.com.
Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as the inability of VeriSign to successfully develop and market new products and services and customer acceptance of any new products or services, including VeriSign Digital Content Services; the possibility that VeriSign's announced new services may not result in additional customers, profits or revenues; and increased competition and pricing pressures. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2005 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.