Clarity Partners – Communications, Media and Business Services Private Equity Investors

TelePacific Surpasses 250,000 Installed Lines

Los Angeles, CA, 11/11/2004 - Los Angeles, CA - TelePacific Communications, a leading provider of business telecommunications solutions today reported that it has surpassed 250,000 installed lines. The company’s announcement also highlights that its customer base has grown 25% over the past six months.

The company continues to record strong organic growth throughout its markets in California and Las Vegas. During 2004 it has added more than 80,000 lines through a combination of strong sales numbers and record customer retention results.

2004 Highlights include:
• Average net new lines per month over 8,000;
• Kept customer line churn below 1% each month over 12 consecutive months;
• Organically grown customer line counts to 250,000 lines from 103,000 lines at beginning of 2003;
• Reported that it has generated and maintained positive earnings before interest, taxes, depreciation and amortization (EBITDA) in the second quarter of 2004;
• Launched its new VPN product suite capitalizing on its MPLS IP backbone; and
• Launched RemoteStor™, teaming with ManagedStorage International, to offer a fully automated tape backup solution to the small and medium size business market.

"TelePacific has really taken off over the past two years,” said Dick Jalkut, president and CEO of TelePacific Communications. “We continue to achieve new milestones by remaining focused on serving our customers, and the market continues to show that there is demand for the kind for of service we provide.”

With a full suite of voice, data and Internet access services, along with its continued success in serving and retaining customers, it becomes clear why TelePacific is California’s Communications Company.

About TelePacific Communications
TelePacific Communications is a leading provider of business telecommunications network solutions providing local, long-distance, data and Internet services to businesses in Nevada and California. With thousands of customers, TelePacific is one of the largest telecommunications companies headquartered in California. With local consultants, service, support, and facilities, TelePacific offers solutions, provisions services and provides customer service where its customers do business. For more information, visit www.telepacific.com.

» back to all media coverage articles