The company deploys through 300 central phone-switching offices in New England and intends to grow to 400 in the coming year. Oliver said Vitts, which has 350 employees, expects to keep hiring through 2001 as it expands its regional network. The company is privately held. Backers include Cabletron Systems, Safeguard Scientifics and Exelon, but it releases details about neither funding nor revenues. Some of the price points I heard from customers of these other companies were half that price.
Nobody can stay in business offering a product for less than it costs.
We're not just somebody trying to play a trend that seems to be popular at a given time. He added that the company built its network for two years before beginning to offer services to customers. Copyright 2001 INT Media Group, Incorporated All Rights Reserved.