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Broadband & Mobile Featured Article
August 15, 2007
Pannaway Technologies Acquires TelStrat's Access Division
By Meenakshi Shankar TMCnet Contributing Editor
Pannaway (News - Alert) Technologies, which designs and develops IP
broadband access platforms for telecommunications companies, has entered into a definitive agreement to acquire Access, a division of TelStrat International.
broadband access platforms for telecommunications companies, has entered into a definitive agreement to acquire Access, a division of TelStrat International.
Established in 1993, TelStrat, headquartered in Plano, Texas offers communications solutions for wireline access networks. TelStrat’s Inteleflex broadband loop carrier (BLC) platform enables telecom companies to offer complete array of converged voice, video and data communication and entertainment services which are more revenue generating.
Pannaway is combining its force with TelStrat to create a complete portfolio which includes circuit switch, carrier-grade IP, and next generation 2.4 G-PON technologies across its broad range of platforms. With the implementation of the same technology that accelerates platform integration and provides optimal solutions for all sizes of Central Office (CO), Wire Center and Remote Terminal (RT) environments, this service is more flexible thus offering the telecom players to expand their subscriber base.
), Wire Center and Remote Terminal (RT) environments, this service is more flexible thus offering the telecom players to expand their subscriber base. Mark Carpenter, president for Pannaway, said in a statement, “The various integrated technologies and broad range of platforms that come into play as a result of this acquisition strengthen the capabilities of our entire broadband solution portfolio and will become our customers’ catalyst for growth as they move toward an all-IP future.”
The deal is likely to be closed by the end of August 2007 subject to the satisfaction of customary closing conditions. Bob Carroll, founder and CEO of Telstrat, has joined the board of Pannaway Technologies. Sid Schmid, formerly GM of Telstrat’s telecommunications division, has joined Pannaway as an executive vice president and will lead the integration efforts.
“Following its recently announced MAGNM-20 chassis announcement, this acquisition brings together the broadband access and transport technologies that telcos need to compete – all under one roof,” said Jeff Heynen, directing analyst, Broadband and IPTV at Infonetics Research. “Independent telcos prefer companies with products that can offer a range of access technologies—from POTS to VDSL to GPON—to support a wide range of customers and applications. The combination of Pannaway and TelStrat satisfies that demand for a common IP platform and positions Pannaway as a leading supplier to independent telcos.”
at Infonetics Research. “Independent telcos prefer companies with products that can offer a range of access technologies—from POTS to VDSL to GPON—to support a wide range of customers and applications. The combination of Pannaway and TelStrat satisfies that demand for a common IP platform and positions Pannaway as a leading supplier to independent telcos.”The acquisition is predicted to accelerate the technology into the MAGNM-20 platform.
It paves the way for telecoms to easily transit at their own pace, from SONET/ATM and TDM to a fully converged IP infrastructure.
to a fully converged IP infrastructure. Bob Carroll, CEO of TelStrat added,. “Pannaway has both the resources and the technology arsenal to continue to serve our existing customers well, while focusing on the continued development of integrated IP broadband solutions."
Meenakshi Shankar is a contributing writer for TMCnet
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