Net2Phone and CMA Partner to Provide VoIP Telephone Service in Hurricane Stricken Gulf Area; More Than 24,000 Phone Calls Placed
October 18 2005 - 8:30AM
Business Wire
Net2Phone (NASDAQ: NTOP) and CMA Cablevision have partnered to
provide free broadband telephony service to displaced families in
Belle Chasse, Louisiana. Belle Chasse, in northern Plaquemines
Parish, is approximately 12 miles southeast of New Orleans. Having
sustained blows from both Hurricanes Katrina and Rita, the
residents of the Gulf coast and Plaquemines Parish have lost
communications from the rest of the world due to the heavy damages
sustained by the Public Switched Telephone Network (PSTN). It is
estimated that nearly 164,000 customers are still without service
more than 30 days after Katrina hit. The Washington Post reported
that early cost estimates to repair the damaged network exceeds
$400 million with a time frame of more than four months. After
post-hurricane cable plant inspections revealed an area of CMA's
cable system was intact and operating, CMA representatives
contacted Plaquemines Parish officials. Parish officials were
informed that CMA and Net2Phone were able to install VoiceLine(SM)
VoIP telephone lines in the Belle Chasse Community Center. Since
installation on September 21, over 24,000 calls have been placed.
Residents have been actively using the center to file claims and
apply for assistance and most importantly - keeping in touch with
loved ones. "Cable television has always been about the communities
it serves," John Helmers, CMA General Manager said. "Being able to
help contribute in a small way to people resuming their lives is
helping all of us look toward the future and our continued recovery
from this disaster." "The whole world has seen the devastation that
Katrina has caused," said Liore Alroy, CEO of Net2Phone. "As
individuals, we look for ways we can have an impact in helping the
recovery. As a corporation, Net2Phone is grateful to have a partner
and the resources that allowed us to contribute this valuable
service." About Net2Phone Net2Phone provides VoIP PacketCable, SIP
and wireless solutions around the world. As a leader in turnkey
hosted VoIP telephony services, Net2Phone has routed billions of
VoIP minutes globally, servicing more than 100,000 users in the US
as well as hundreds of thousands of more overseas. Net2Phone
provides partners with a SIP-based broadband telephony solution,
calling cards, prefix dialing and enterprise services in over 100
countries. Net2Phone's PacketCable platform provides cable
operators with the ability to deliver a high quality primary
line-type service with features such as emergency calling. For more
information about Net2Phone's products and services, please visit
www.net2phone.com. About CMA CMA is a privately held cable
television operator based in Dallas. CMA owns and operates over 40
cable systems in Mississippi, Louisiana, Texas and Nevada and
provides a broad variety of product offerings including digital
cable television, high definition television, high speed internet
and commercial business services. CMA anticipates becoming a
leading provider of internet-based telephone service in these
markets over the next few years. Learn more about CMA
Communications at www.cmaaccess.com. This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements involve risks and uncertainties and actual results could
differ materially from those discussed in the forward-looking
statements. For this purpose, any statements contained in this
press release that are not statements of historical fact may be
deemed to be forward-looking statements. Factors which may affect
the Company's results include, but are not limited to, the
Company's ability to satisfy in a timely manner the requirements of
Section 404 of the Sarbanes-Oxley Act and the rules and regulations
adopted pursuant thereto, the Company's ability to expand its
customer base, the Company's ability to develop additional and
leverage its existing distribution channels for its products and
solutions, dependence on strategic and channel partners including
their ability to distribute the Company's products and meet or
renew their financial commitments, the Company's ability to address
international markets, the effectiveness of the Company's sales and
marketing activities, the acceptance of the Company's products in
the marketplace, the timing and scope of deployments of the
Company's products by customers, fluctuations in customer sales
cycles, customers' ability to obtain additional funding, technical
difficulties with respect to the Company's products or products in
development, the need for ongoing product development in an
environment of rapid technological change, the emergence of new
competitors in the marketplace, the Company's ability to compete
successfully against established competitors with greater
resources, the uncertainty of future governmental regulation, the
Company's ability to manage growth, obtain patent protection, and
obtain additional funds, general economic conditions and other
risks discussed in this Press Release and in the Company's filings
with the Securities and Exchange Commission. All forward-looking
statements and risk factors included in this document are made as
of the date hereof, based on information available to the Company
as of the date thereof, and the Company assumes no obligation to
update any forward-looking statement or risk factors.
Net2Phone (NASDAQ:NTOP)
Historical Stock Chart
From Feb 2025 to Mar 2025
Net2Phone (NASDAQ:NTOP)
Historical Stock Chart
From Mar 2024 to Mar 2025