8x8 Surges on BellSouth Deal

8x8(EGHT Quote) rose 79% after signing a deal to provide BellSouth (BLS Quote) with private label Internet phone service.

Terms weren't disclosed, but the Santa Clara, Calif., company will provide technology, integration and operational services for BellSouth Digital Phone Service.

"With the introduction of BellSouth Digital Phone Service, we are broadening our portfolio of consumer services," said Martin Chandler, vice president and product management for BellSouth. "This new service is another example of our commitment to providing customers with the greatest choice when it comes to their communications and entertainment services."

BellSouth's agreement with 8x8 calls for the development of BellSouth Digital Phone Service based on 8x8's internally developed technology. This includes a suite of VoIP service components including a call-switching platform, feature servers, customer portals and consumer premise equipment. ...