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Band-X
to Acquire TeleGeography
Bandwidth exchange plans line of information products
By Rich
Miller
CarrierHotels News Staff
Sept. 27 -- The B2B bandwidth exchange Band-X Ltd. said
today it had acquired Washington, D.C.-based TeleGeography, Inc.,
the leading publisher of statistics and analysis on international
telecommunications.
Terms
of the deal were not disclosed.
The two companies said they will combine TeleGeography's independent
research and Band-X's market-generated data, to develop an information
business producing print, online, and database products covering
worldwide trends in telecommunications.
TeleGeography will continue to produce its existing publications
and form the heart of a separate Band-X publications group headed
by TeleGeography President, Jason Kowal.
"By
tapping into TeleGeography's unparalleled global reputation and
experience we are advancing our long-term vision of building the
world's open telecoms market," said Band-X Chairman Marcus
de Ferranti. "This will enable buyers and sellers to make
purchasing decisions based on rapidly accessible, and authoritative
information and analysis.''
TeleGeography Chairman and founder Gregory C. Staple said that
Band-X's trading business opens new information sources and markets
for TeleGeography's database products and print publications.
"The
explosive growth of the Internet and mobile telephony has led
to a huge increase in the number of companies seeking international
connections," said Staple. "That makes the data generated
by Band-X's trading operations a key source of information about
the world's fastest growing communication markets, and TeleGeography
will be able to make use of much of that data when creating its
reports.''
Band-X
launched the first independent virtual market for international
wholesale telecom capacity in 1997, becoming the world's first
telecom-specific B2B exchange.
TeleGeography,
Inc. is the authoritative source for international telecommunications
statistics and analysis. The company's flagship report on global
telecom traffic flows -- TeleGeography -- has been published annually
since 1989.
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