Hammer Fiber has announced the closing of its acquisition of Endstream Communications.
“This closing concludes the transaction originally contemplated in the signing of the May LOI with the Partners of 1stPoint Communications, Open Data Centers and Endstream Communications,” commented Hammer CEO Erik Levitt. “The acquisition of our portfolio by Hammer represented a great outcome for our partnership. The combined entities form a strong platform on which to base Hammer’s future growth.”
Endstream provides wholesale voice services to clients worldwide, with a focus on termination, origination and toll free services in the U.S., U.K., Canada and Israel.
“Hammer will expand these services into other markets as part of the foundation of its Everything Wireless strategy,” added Hammer COO Kristen Vasicek. “In the last three years Endstream has evolved its services to suit the needs of the changing wholesale voice market, including the rollout of its international mobile operator footprint.”
Endstream launched its wholesale mobile origination service in the U.S. during 2Q18, and is adding France and the U.K. to its wholesale mobile DID portfolio. More markets will be rolled out through the first and second quarters of the 2019 calendar year.
