Alteva, Inc. (New York Stock Exchange: ALTV)


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Business Description
Alteva, formerly Warwick Valley Telephone Company, is a cloud-based communications company that provides unified communications (UC) solutions and enterprise hosted voice over Internet protocol, and operates as a regional Incumbent local exchange carrier (ILEC) in southern Orange County, New York and northern New Jersey. The Company's ILEC operations consist of providing the Company's historic local and toll telephone service to residential and business customers, Internet high speed broadband service, landline and satellite video service. The Company's ILEC service areas are primarily rural and have an estimated population of 50,000. The Company also operates as a competitive local exchange carrier. The Company operates in two segments: telephone and online. On May 26, 2011, it entered into an agreement with Verizon Wireless of the East, L.P.