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RAD Acquires Israeli VoIP Telephony Provider
2007-05-07
LEAD IP’s integrated hardware and software VoIP system is quite popular among service providers and carriers in Europe as it allows them to offer new cost-effective services to their SME and individual customers. In addition to a strong softswitch and provisioning system, the suite delivers superior services like virtual private networks (VPNs), firewalls,LAN services and streaming media.
“RAD brings to the equation a veteran international network of sales and distribution channels, which will ensure that the LEAD IP products will move beyond initial successes in Europe onto the global stage,” said Efraim Wachtel, president and CEO of RAD Data Communications, in a statement. “Our acquisition of LEAD IP Systems, therefore, will be a key factor in securing RAD’s role as a significant player in the VoIP market.”
“LEAD IP's technology and solution architecture has set new standards for 'time-to-service' in the VoIP telephony access markets,” explained Jack Wakileh, the company’s Co-CEO. “By choosing LEAD IP's solutions, telephony operators and service providers can set up an integrative VoIP solution within only a few days.”
“While the alternative known solutions are based on multi-vendor products, 'glued' and custom-tailored requiring high maintenance costs and high initial investments, LEAD IP's offering perfectly fits the providers’ business models with its low initial costs requirements and degree of certainty in planning and projecting ongoing maintenance costs, a major known pitfall for providers business models," added Wakileh.
By Divya Narain
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VoIP Providers Statistics |
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Providers in database: 3315
Users Online: 260
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