Warwick Valley Telephone Co. (WVT Communications Group) is leaving much of its regional ILEC heritage behind in favor of a cloud communications identity, thanks to a name change and a consolidation of ots divisions. The telco is adopting the Alteva name, after the unified communications company that it bought in 2011 and has continued to run as its own business. Alteva is the nation’s ninth largest unified communications provider.
The company already has begun conducting business as Alteva, but the official name change will be effective upon receipt of shareholder approval, reflecting a single unified brand.
“As Alteva, we embrace a singular vision for generating profitable growth through the provision of high-quality communications services,” said David Cuthbert, president and COO. “The influential presence that Alteva has developed within the business markets it serves and the cloud-based unified communications (UC) ecosystem will be leveraged by all our operating segments. This united branding under the Alteva name enables the company to benefit from the considerable investments we have been making in sales, marketing, advertising and channel partner development.”
The company’s disparate business units, including Alteva, carrier and wholesale services, and the traditional telco and regional broadband arm will now be doing all be doing business as Alteva. Consistent with the Alteva branding, the Company’s ticker symbol on the NYSE MKT exchange will be changed to ALTV effective Feb. 4. Before then, the shares will continue to trade under the ticker symbol WVT.