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Metro Business Report November 2, 2009



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Telesphere, a nationwide hosted P-B-X business phone and Internet services provider, recently secured additional financing, totaling 32 million dollars over the past 24 months. This capital will be used to reinvest heavily in the company to ensure that Telesphere can expand capabilities for clients while growing our presence across the United States.

The funding news comes on the heels of Telesphere's July announcement that it would acquire the VoIP (Voyp) services business of Denver-based Unity Business Networks. The acquisition has now closed after receiving FCC approval.

Telesphere's services allow businesses to enjoy all of the latest voice and data features of large businesses without the costly investment of on-premises equipment.

And don't forget to join us for the Utah Health Forum. That's coming up this Wednesday at the Salt Palace Convention Center beginning at seven-thirty A-M. For more information go to slchamber.com.

This is Lane Beattie for KSL News Radio.

Lane Beattie

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