RESTON, Va. and ORLANDO, Fla., Sept.
12, 2011 /PRNewswire/ -- LightSquared™, a wholesale carrier
building a nationwide wireless broadband network that will create
consumer choice and industry innovation, has signed a multi-year
wholesale agreement with VoX Communications (VoX), a provider of
wholesale and retail Voice over Internet Protocol (VoIP) services
for consumers and businesses.
This is LightSquared's 14th partner agreement, signaling that
companies across a range of industries are eager to develop
innovative mobile services, devices and applications on
LightSquared's open network.
VoX is culminating its strategy to add mobile functionality to
its existing IP network platform by launching affordable new mobile
services and applications, including voice and video, on
LightSquared's world-class network. VoX also plans to offer
high-speed data and satellite services to its existing and new
customers. The combination of wholesale economics and business
model, open platform, 4G-LTE network and growing device ecosystem
is the key reason why VoX chose to partner with LightSquared to
deliver its innovative services.
"We've been closely following the rapid increase in mobile VoIP
users, and determining how our company could take advantage of this
new reality," said Mark Richards,
president and chief information officer of VoX. "We believe that
the LightSquared network and business model are creating a
transformative moment for the industry, and will allow us to expand
our portfolio so we can deliver a broad range of affordable and
innovative mobile services to our customers."
"When we think of the types of partners that would benefit from
the LightSquared network, VoX Communications comes to mind," said
Sanjiv Ahuja, chairman and chief
executive officer of LightSquared. "VoX is already redefining VoIP
performance and services, and we look forward to helping them do
the same with a new portfolio of innovative wireless services.
About LightSquared
LightSquared's mission is to revolutionize the U.S. wireless
industry. With the creation of the first-ever, wholesale-only
nationwide 4G-LTE network integrated with satellite coverage,
LightSquared offers people the speed, value and reliability of
universal connectivity, wherever they are in the United States. As a wholesale-only
operator, LightSquared will deploy an open 4G wireless broadband
network to be used by existing and new service providers to sell
their own devices, applications and services – at a competitive
cost and without retail competition from LightSquared. The
deployment and operation of LightSquared's network represent more
than $14 billion of private
investment over the next eight years. For more information about
LightSquared, please go to www.LightSquared.com,
www.facebook.com/LightSquared and www.twitter.com/LightSquared.
About VoX Communications
VoX Communications, a wholly owned subsidiary of Pervasip Corp.
(OTCQB: PVSP), is a proven provider of wholesale and retail VoIP
services and smartphone applications. Using its own nationwide VoIP
network, VoX offers wholesale broadband voice, origination and
termination services to cable operators, carriers, ISPs, CLECs,
resellers and other wireless and wireline operators, as well as
enhanced video and VoIP telephone service to the small business and
residential marketplaces. VoX provides a feature-rich, low-cost and
high-quality alternative to traditional wireline phone service. For
more information, please go to www.voxcorp.net.
CONTACT:
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Amy Rosenberg
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Burson-Marsteller for
LightSquared
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Tel: (212) 614-4558
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amy.rosenberg@bm.com
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Paul Riss
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Chief Executive
Officer
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VoX Communications
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Tel: (212) 404-7633
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phriss@pervasip.com
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Forward Looking Statement
This release contains forward-looking statements and information
regarding LightSquared, Pervasip and their business. Such
statements are based on the current expectations and certain
assumptions of management and are, therefore, subject to certain
risks and uncertainties. The forward-looking statements expressed
herein relate only to information as of the date of this release.
LightSquared and Pervasip have no obligation to update these
forward-looking statements to reflect events or circumstances after
the date of this release, nor is there any assurance that the plans
or strategies discussed in this release will not change.
SOURCE LightSquared