Communications provider parent company Warwick Telephone Company, referred to as WVT Communications Group, has announced that it will immediately begin conducting business as Alteva. The official name change will be effective upon receipt of shareholder approval, reflecting a single unified brand.
Prior to the change, the company's cloud-based unified communications (UC) provider headquartered in Philadelphia did business as Alteva. Now all of the company's business units will use the name, the UC provider — ninth largest in the nation — as Alteva - Philadelphia; the carrier services provider as Alteva - Syracuse; and the traditional telecom provider turned regional broadband company as Alteva - Warwick.
"As Alteva, we embrace a singular vision for generating profitable growth though the provision of high-quality communications services," said David Cuthbert, president and CEO. "The influential presence that Alteva has developed within the business markets it serves and the cloud-based 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."
Consistent with the Alteva branding, the company's ticker symbol on the New York Stock Exchange will be changed to ALTV effective Feb. 4, 2013. Until that time, the shares will continue to trade under the ticker symbol WVT.