SunRocket asset sale buys time for ex-customers

Former SunRocket customers have 10 days to sign up with another carrier and have their phone numbers ported, the company winding down the failed business said Thursday.

Sherwood Partners has signed a definitive agreement to sell some SunRocket network assets to VoIP provider TeleBlend and will use the proceeds to keep SunRocket service going until midnight U.S. Eastern time on Aug. 5, said Martin Pichinson, co-managing member of Sherwood Partners.

SunRocket, which offered unlimited U.S. domestic calling for $199 per year, folded last week. It had about 200,000 customers. Several VoIP providers are offering deals to former customers. TeleBlend, a joint venture of Unified Communications and competitive local exchange carrier USA Telephone, is one of two companies that has agreed to pay Sherwood Partners a fee for each former customer they sign up. The other is VoIP carrier 8x8 Inc.

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Former SunRocket customers have 10 days to sign up with another carrier and have their phone numbers ported, the company winding down the failed business said Thursday.

Sherwood Partners has signed a definitive agreement to sell some SunRocket network assets to VoIP provider TeleBlend and will use the proceeds to keep SunRocket service going until midnight U.S. Eastern time on Aug. 5, said Martin Pichinson, co-managing member of Sherwood Partners.

SunRocket, which offered unlimited U.S. domestic calling for $199 per year, folded last week. It had about 200,000 customers. Several VoIP providers are offering deals to former customers. TeleBlend, a joint venture of Unified Communications and competitive local exchange carrier USA Telephone, is one of two companies that has agreed to pay Sherwood Partners a fee for each former customer they sign up. The other is VoIP carrier 8x8 Inc.

Sherwood Partners did not disclose how much TeleBlend paid for the assets. The purchase buys some time for former SunRocket customers to switch to another customer, Pichinson said. At the end of the day Aug. 5, SunRocket service will cease.

TeleBlend is offering ex-SunRocket customers a monthly subscription rate of $12.95 for the duration of their previous SunRocket contract. They can keep their phone numbers and continue using their SunRocket phones, the company said.

The IDG News Service is a Network World affiliate.