BNET Industries
Last Fiscal Year Sales:$17.5M
- Private
- US
Dow Jones Description
Founded in 1995, Sovernet Communications is Vermont's first and largest locally operated statewide competitive provider of residential and business telephone and Internet services. Headquartered in Bellows Falls, with facilities in Burlington and Winooski, Sovernet is committed to bringing excellent services to its customers and to supporting local communities. Sovernet Communications was the first Vermont carrier to offer residential customers an alternative to the incumbent carrier, and the first to allow customers to create their own phone/Internet bundle discounts. With recent major upgrades to its network and infrasturcture, Sovernet can now offer additional services throughout Northern New England.
Number of Employees 34
Peer Companies
NAICS Code Wired Telecommunications Carriers: 517110
News & Analysis
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sovernet inc. - All News and Analysis
Atlantic Tele-Network Completes SoVerNet Acquisition; Richard Kendall Named CEO of New Subsidiary; ATN Also Increases Investments by Commnet Wireless
- 2006-02-13
SALEM, Mass. -- Atlantic Tele-Network, Inc. ("ATN") (AMEX: ANK), a communications services holding company, today announced it has completed the acquisition of SoVerNet, Inc. in a cash transaction valued at approximately $12.7 million, including the repayment of approximately $1.4 million in SoVerNet debt. SoVerNet will become a subsidiary of...
Atlantic Tele-Network Completes SoVerNet Acquisition; Richard Kendall Named CEO of New Subsidiary; ATN Also Increases Investments by Commnet Wireless.
- 2006-02-13
SALEM, Mass., Feb 13, 2006 CCNMatthews via COMTEX -- Atlantic Tele-Network, Inc. ("ATN") (AMEX: ANK), a communications services holding company, today announced it has completed the acquisition of SoVerNet, Inc. in a cash transaction valued at approximately $12.7 million, including the repayment of approximately $1.4...
Sovernet sale still leaves several local ISPs
- 2006-02-01
The pending sale of Sovernet to a company based in the Virgin Islands Massachusetts marks the end of the Vermont ownership of one of the state's pioneering Internet service providers. The Bellow Falls company's purchase by Atlantic Tele-Network, if approved by state and federal regulators, will leave Vermont with a...
Atlantic Tele-Network to Purchase SoVerNet
- 2005-12-26
Wireless News 12-26-2005 Atlantic Tele-Network to Purchase SoVerNet WIRELESS NEWS-December 26, 2005-Atlantic Tele-Network to Purchase SoVerNet C2005 10Meters - http://www.10meters.com Atlantic Tele-Network, a provider of telecommunications services, announced that it has signed a definitive agreement to...
Atlantic Tele-Network To Purchase SoVerNet; SoVerNet Provides Voice and Data Services to Vermont Businesses and Residents
- 2005-12-22
ST. THOMAS, U.S. Virgin Islands -- Atlantic Tele-Network, Inc. ("ATN") (AMEX:ANK), a leading provider of telecommunications services, today announced that it has signed a definitive agreement to acquire 100% of SoVerNet, Inc. in a cash transaction valued at approximately $12.7 million, including the repayment of approximately $1.4 million in SoVerNet...
Atlantic Tele-Network To Purchase SoVerNet; SoVerNet Provides Voice and Data Services to Vermont Businesses and Residents.(Company Profile)
- 2005-12-22
ST. THOMAS, U.S. Virgin Islands, Dec 22, 2005 CCNMatthews via COMTEX -- Atlantic Tele-Network, Inc. ("ATN") (AMEX:ANK), a leading provider of telecommunications services, today announced that it has signed a definitive agreement to acquire 100% of SoVerNet, Inc. in a cash transaction valued at approximately $12.7...
Sovernet celebrates 10 years
- 2005-05-01
The Bellows Falls Internet Service Provider and telephone company celebrated its first 10 years of operation this February. From a threeman operation it has grown to 80 employees and a business that spans much of Vermont.Company CEO Tony Elliott, along with Erik Leo and Jay Eshelman began the company in...
SoVerNet Picks General Bandwidth For Packet Voice Services
- 2005-01-25
Wireless News 01-25-2005 SoVerNet Picks General Bandwidth For Packet Voice Services WIRELESS NEWS-25 January 2005-SoVerNet Picks General Bandwidth For Packet Voice Services C2005 10Meters - http:// www.10meters.com General Bandwidth, a Voice over IP equipment manufacturer enabling...
SoVerNet Deploys General Bandwidth For Packet Voice Services; Vermont CLEC Deploys General Bandwidth G6 VoIP Media Gateways to Deliver Integrated Voice and Data Services
- 2005-01-24
AUSTIN, Texas -- General Bandwidth, a leading Voice over IP equipment manufacturer enabling rapid deployment and new service revenue generation over broadband networks, has been selected by SoVerNet, a facilities-based CLEC providing telephone and Internet services to Vermont residences and businesses, to deliver packet voice services over their Digital Subscriber...
5x5x5 Growth Awards: Technology - SoVerNet, The
- 2004-09-01
SoVerNetAddress: PO Box 495, Bellows Falls, VT 05101 Phone: 802 463-2111 Fax: 802 463-2110 Web: www.sover.net President: Tom Lyons Description: Telecommunicatons carrier offering a complete line of internet, telephon & data services, local & long distance telephone service throughout Vermont Employment: 75 Sales 2003: $10M Five-Year Growth: 132.6%SoVerNet's success is...
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