LocalNet Acquires CoreComm Subscribers
December 13, 2005
LocalNet Corporation announced today that it has completed the acquisition of CoreComm's Internet access and web hosting customers. The transaction will give CoreComm access to LocalNet's low-cost dialup network, and allow LocalNet customers access to CoreComm's business services.
Former CoreComm customers will be served by a new company called CoreComm Internet Services, Inc. "We value both brands and will continue to offer services through LocalNet and CoreComm," said Chief Operating Officer David Kaplan. The combined companies have over $40 million in sales and will employ 330 people. Together, they form the largest privately held dialup Internet Service in the United States with over 250,000 subscribers.
LocalNet is known as one of the original, low-cost $9.95 Internet Service Providers. In November it was honored as one of Inc Magazine's 500 Fastest Growing Companies. This was the fourth time in five years that LocalNet made the 'Inc. 500' list.
LocalNet Corp. was founded in 1994 by owner and President, Marc P. Silvestri. The company is headquartered in Amherst, NY. CoreComm, which includes the former Voyager.net and Exec-PC customer bases, has offices in East Lansing and Kalamazoo, Michigan, as well as Milwaukee, Wisconsin and Dayton, Ohio.
LocalNet Listed on "500 Fastest Growing Companies" List
November, 2005
For the fourth time in five years, LocalNet has been named to Inc. Magazine's "Inc 500", a list of the nation's fastest-growing private companies. LocalNet, one of the first Internet Service Providers, is the only ISP on this year's list. All of our employees are committed to providing a great user experience, and at $9.95 per month for unlimited Internet access, it's a great deal, said Marc Silvestri, LocalNet's president and founder. The company posted a 341.6% growth rate over the last 3 years to earn its place on the "Inc 500". LocalNet first made the list in 2000/2001.
LocalNet Adds 1,000 New Dialins
October, 2005
Once again, LocalNet has increased its coverage. The company added more than 1,000 new access numbers in October. With nearly 6,000 access numbers covering cities and towns from Hawaii to Maine, LocalNet has the largest dialup footprint of any american Internet Service Provider.
LocalNet Announces Expanded Coverage
May, 2005
LocalNet has recently expanded its dialup footprint into seven more states. Access numbers are now available in Hawaii, Iowa, Montana, Nebraska, New Mexico, South Dakota, and Wyoming. With these additional dialin numbers, LocalNet now provides Internet access in 49 states!
LocalNet Listed on "500 Fastest Growing Companies" List
October, 2004
For the third time in four years LocalNet has been named to Inc. Magazine's list of "500 Fastest Growing Companies". The Fall Special Edition of the much-respected national business magazine highlights companies of note across all business sectors for their achievements. LocalNet is one of only two Internet service providers in this year's prestigious compilation. LocalNet posted a 427% growth rate over the last 5 years to earn its place on the list. The company first made the list in 2000/2001.
38th Network Facility Now in Operation!
July, 2004
St. Louis, MO has become the 38th location in LocalNet's Network. The company now operates over 2500 dial-in numbers across 42 states.
Seven Network Locations Added!
June, 2004
LocalNet has announced the following additions to its network: Chicago IL, Orlando FL, Birmingham AL, Memphis TN, Knoxville TN, Charlotte NC, and Toledo OH. "This is a combination of working with some of our long term vendors and some new vendors. These companies know that we like to be aggressive in our expansion efforts and they have responded well in serving our needs and those of our customers" according to David Kaplan, Vice President of LocalNet Corp.
Milwaukee, WI and Nashville, TN On Network!
May, 2004
Milwaukee, WI and Nashville, TN become the 29th and 30th locations to be operated by LocalNet Corp.
LocalNet Again Listed Among Top Internet Providers!
April, 2004
Internet industry analyst ISP-Planet, http://www.isp-planet.com, has again ranked LocalNet among the 20th largest Internet service providers in the nation. The 1st quarter, 2004 list (see the list) shows LocalNet as the nations 19th largest Internet service provider with 120,000 subscribers.
Spokane, Seattle and Phoenix Locations Operational!
March, 2004
LocalNet has expanded its proprietary network into the western U.S. with the opening of facilities in Spokane, WA, Seattle, WA, and Phoenix, AZ. "We've said all along that we feel operating our own facilities puts in greater control over the quality of service we can deliver our customers" said LocalNet's president, Marc P. Silvestri. "Now we'll be able to bring that level of service to the western US" he continued.
Burlington Vermont Service Now Available!
February, 2004
LocalNet has announced that it has begun providing Internet access into Vermont. The company has started service in Burlington and plans to cover the remaining area of the state later this year.
Bloomington Now Part of LocalNet's Indiana Network
January, 2004
With a new Bloomington Indiana facility now in operation LocalNet has continued to expand it.s coverage in the state. LocalNet also operates an Indianapolis location which it uses to service the greater Ft. Wayne and South Bend markets.
Gulfport, MS and Fayetteville, NC Added to Network
Gulfport, MS and Fayetteville, NC are the two newest facilities opened by LocalNet as the company begins adding network capacity in the southern U.S. "This is just the beginning of what we intend to accomplish this year" referring to the opening of additional locations, said David Kaplan, LocalNet Vice President.
LocalNet Over 100,000 Subscribers!
December, 2003
LocalNet added it's 100,000th subscriber in June. "Quality service, customer satisfaction and, of course, our $9.95 per month pricing" were cited by company president Marc Silvestri as the primary reasons for LocalNet's continued growth.
Accelerated Dial-up Service Now Available!
November, 2003
LocalNet has unveiled 'LocalNet Express', an accelerated dial-up service that allows its customers to surf the web at up to five (5) times the rate of a traditional dial-up connection. LocalNet Express uses a combination of data caching and compression technologies to speed up the user's experience. The service is available for an additional $3.00 per month.
LocalNet Listed on "500 Fastest Growing Companies" List
October, 2003
For the second time in three years LocalNet has been named to Inc. Magazine's list of "500 Fastest Growing Companies". The Fall Special Edition of the much-respected national business magazine highlights companies of note across all business sectors for their achievements. LocalNet is one of only two Internet service providers in this year's prestigious compilation. LocalNet posted a 551% growth rate over the last 5 years to earn its place on the list. The company first made the list in 2000/2001.
Discount Long Distance Telephone Service Now Available
September, 2003
LocalNet has announced that it is now offering long distance telephone service in addition to it's traditional $9.95/mo. dialup Internet service. "We held off on this (long distance service) until we were able to offer the same type of value as we do in internet service" said Marc P. Silvestri, company president. "We know customers rely on us to provide a valuable internet product and we needed to make sure that we had a quality service, at a great price point before bringing this service to the public", he added.
Minneapolis, Roanoke and Dayton added to LocalNet Network
August, 2003
LocalNet has added three more sites to it's proprietary network. The Minneapolis, MN colocation point will also serve Grand Forks, ND and Eau Claire, WI. Roanoke, VA can service the Tri Cities area and parts of Maryland. These new sites represent the additional opportunities available to LocalNet a result of their negotiating agreements with additional telecommunication vendors. "we've come to agreement with a few new providers and you'll see more growth on our network as a result" said company General Manager, David Kaplan.
LocalNet Ranked Among Top 20 Internet Service Providers Nationwide
July, 2003
Internet industry analyst ISP-Planet, http://www.isp-planet.com, has ranked LocalNet as the 20th largest internet service provider in the nation according to it's 2nd quarter, 2003 list (see the list). "We're pleased, of course, to be part of this elite group of providers" said company President Marc P. Silvestri. "Our subscribers and employees know how much effort we put into providing a quality service and it's gratifying to see that we've now been recognized at the national level".
LocalNet Opens Los Angeles Facility
April 2003
After years of growth, primarily in the northeast and mid-west, LocalNet Corp. has announced the opening of its Los Angeles based co-location facility. While LocalNet had previously done limited business in the L.A. area, the company is now launching its $9.95 per month service in all of southern California and San Diego.
Washington, DC, Baltimore, and Virginia on Network
January 2003
With the opening of its Sterling, VA co-location operation, LocalNet is now servicing the greater Washington, DC, Baltimore and some Virginia areas on its own network. "We can provide a higher level of service, with a greater degree of quality control in these areas as a result of opening this facility" said Dave Kaplan, LocalNet General Manager.
LocalNet ends 2002 with 70,000 Subscribers!
December 30, 2002
70,000 subscribers "and growing" is how company President, Marc Silvestri, described LocalNet, as the company added its 70,000th subscriber. By reaching the 70,000 subscriber mark by year's end, the company recorded an 80% growth rate over 2001.
New York City PoP Now Operational
December 2002
LocalNet has announced that its newest co-location site, this one in New York City, is now operational. The company has continued to grow over the years through the strategic opening of additional co-location facilities.
"The New York City facility completes our proprietary network coverage in New York State" said company General Manager, David Kaplan. With over 200 distinct dial-in numbers, LocalNet has the most complete, company owned dial-in network in the state.
High-Speed Cable Service Launched !
July 2002
LocalNet has begun offering High-Speed, cable internet access over Time-Warner cable infrastructure.
Founded in 1994, LocalNet has experienced consistent growth, largely due to the success of its popular $9.95 dial-up service. The company was named to the Inc. Magazine List of America's 500 Fastest Growing Companies in 2000 and has seen a 250-percent increase in subscribers over the last two years.
The Federal Trade Commission has approved an agreement between Time Warner Cable and LocalNet that allows LocalNet to be offered throughout Time Warner Cable's Rochester, Albany, Syracuse, Binghamton, and Liberty, N.Y. divisions.
Five New Markets !
June 2002
LocalNet has announced that is has opened new co-location facilities to service customers in Akron, OH, Columbus, OH, Kalamazoo, MI, northwestern Pennsylvania and the state of Maine. "This gives us 15 company owned co-location sites and the ability to offer our $9.95/mo. into some markets we feel are underserved" said company president Marc P. Silvestri.
50,000 Subscribers !
May 2002
LocalNet is proud to announce that it's subscriber count has passed 50,000! "The 50,000 number had been an internal goal for us" said Marc Silvestri, company president. "Reaching this number is really a milestone in our growth, he continued, we're going to add to our existing coverage areas and open new markets for our popular $9.95/mo. service. "There are some who doubted we could sustain our $ 9.95 price point and continue to provide quality service. Reaching the 50,000 customer mark just further proves our business model" Silvestri said.
FTC Approves LocalNet/Time Warner Cable Agreement
March 2002
Williamsville, NY - The Federal Trade Commission announced its approval of an agreement between Time Warner Cable and LocalNet Corporation, whereby LocalNet's ISP service will be offered on Time Warner Cable?s Albany, Rochester, Syracuse, Binghamton, and Liberty, NY divisions.
"We're happy to add cable broadband service to our Internet access options," said Marc Silvestri, President of LocalNet.