DSL.net has selected Cisco Systems’ routers and gateways as part of its integrated voice and data T-1 service offering, which is based on SIP. The service will provide business customers with low-cost long-distance calling and unlimited local calling. Equipment chosen includes the Cisco IAD2400 Series and the Cisco BTS 10200 Softswitch.
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- In July 2003, DSL.net, a broadband service provider, closed $30 million in new financing led by Deutsche Bank. VantagePoint Venture Partners, one of DSL.net’s current major institutional shareholders, is the other participant in the financing. DSL.net plans to use the money to accelerate the roll out of its recently introduced integrated voice and data service over its network in the mid-Atlantic and northeast states, fund strategic acquisitions and retire outstanding debt at a discount.
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In June 2003, DSL.net launched an integrated voice and data T1 connection featuring either 8-line or 16-line telephone service. The service is being introduced in the Washington, D.C. metro area. The new NETgain One service is a result of DSL.net’s recently announced agreement to acquire substantially all of the assets and subscribers of TalkingNets, a voice and data communications provider that offers softswitch-based services.