Magna5 Emerges as Fresh Combined Company

Three established telecommunications providers – X5 Solutions of Seattle, Wash., CornerStone Telephone of Albany, N.Y., and NovaTel of San Antonio, Tex.–are now one, under the brand Magna5.

Headquartered in Dallas, Magna5 operates office and network facilities across the country, including Miami, Albany, New York City, San Antonio, Portland, Ore., Los Angeles and Seattle.

“Magna5 is committed to being the provider that seamlessly powers our customers’ vital communications connections,” says Greg Forrest, Magna5 CEO. “We are now one national company, providing sophisticated enterprise solutions with boutique, ultra-responsive customer service levels. As Magna5, we now go to market as a strong, leading and simply better way for our customers to communicate.”

The combined company delivers network services, unified communications and infrastructure technology to more than 7,500 mid-market customers.

Magna5 develops, deploys and operates a nationwide, proprietary, secure network designed to leverage diversified carriers and infrastructure in targeted points-of-presence (PoPs) throughout the United States, a key strategy for network reliability.

“Relative to the size of the other large carriers, Magna5 will remain a boutique provider focusing on high-value, high-touch services,” said Skip Maner, general partner of NewSpring Capital. “Magna5 already delivered specialized solutions to growing, mid-market enterprises. Its unique model is designed to mirror that of global carriers catering to the Fortune 500.”

Magna5’s products, solutions and services include hosted voice, high-velocity short duration (HSVD) termination, dedicated internet access, local dial tone, toll-free origination and termination services, plus an exclusive offering that includes UC stack to hosted, wireless backup, international toll-free and SD WAN. As Magna5 continues expanding, the company will offer unified communications as a service (UCaaS), allowing growing businesses to maximize their own communication and collaboration platforms.


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