African-American entrepreneur Joseph Durham and a group of private investors are in talks to acquire VoxPlus, a Detroit-based telecom firm that provides telecommunications solutions, alternative voice solutions, data access and ISP services.
Durham, a former AT&T executive with 25 years of telecom experience, was instrumental in bringing AT&T into the influential â€˜Billion Dollar Roundtable,â€™ a national organization that distinguishes U.S. corporations that spend at least $1 billion with minority and woman-owned suppliers. The â€˜Billion Dollar Roundtableâ€™ also works to promote inclusion of minority- and woman-owned suppliers in telecom.
VoxPlus will target Fortune 1000 companies and government agencies that require rapid telecom and VoIP (Voice over Internet Protocol) services. Large corporations and government agencies transmit enormous amounts of data, and VoxPlus plans to offer its high-performance product at a lower cost.