US National Telecom
continues its strategy in the wholesale voice market. The Company, which has aggressive expansion plans, has signed an Offer of Intent to Purchase a regional VoIP telco PBX services Company. USNT has tendered an offer to purchase VoiceLogix, a Florida PBX VoIP services company. Terms of the Offer, which is currently pending review, have not been disclosed until the Offer has been accepted and final negotiations are complete.
The proposed acquisition will help accelerate the Company's push into the SMB market and to increase its relationship with VARs. TheVAR initiative, called VAR Star, is an important growth strategy to expand nationwide and globally. The Company's goal is to establish many reseller agreements in the next six months.
USNT's subsidiary Vitelity has already certified dozens of telephone systems in conjunction with the Vitelity ServerSwitch and the VoiceLogix acquisition would expand this initiative. VARStar partners will be able to confidently deploy VoIP services to most models of PBX systems and VoIP devices.
The Company envisions that its position as a wholesale carrier solutions provider will grow, especially with the increasing trend of small business interest in VoIP-powered PBX telephone systems.