Suddenlink and Sprint Nextel Establish Wireline Telephony Services Relationship
January 16th, 2007 Leave a comment Visited 18 times, 3 so far today
Suddenlink and Sprint Nextel Establish Wireline Telephony Services Relationship
Sprint Nextel (NYSE: S) formally announced today a five-year agreement with Suddenlink Communications, the eighth-largest cable operator in the United States. The new contract awards Sprint Nextel the right to facilitate Suddenlink’s residential telephone service targeted to 2.2 million households in Suddenlink franchise areas, including approximately 30,000 existing residential voice subscribers migrating to the Sprint Nextel solution. Approximately 1,000 small business customers also will be migrated to the Sprint Nextel VoIP Network as a result of this transaction.
Sprint Nextel now serves cable companies with a cumulative reach of more than 30 million homes passed. Cable telephony service is available to customers across 1,200 rate centers and 22 states today and will expand to 43 states in 2007. The new five-year agreement marks Sprint Nextel’s continued expansion into the cable market, creating a revenue stream with strong growth potential. Sprint Nextel plans to continue to use its telecom assets and communications expertise to expand its delivery of telephony solutions to the cable industry.
“We are very pleased to be partnering with Sprint Nextel to expand telephone service across our footprint,” said Suddenlink Chief Executive Officer Jerry Kent. “Our customers are demanding the triple-play of television, Internet, and phone service – and this agreement puts us one step closer to responding to that demand.”
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