CIMCO Communications Celebrates 20th Anniversary Providing Businesses A Customer-Centric Voice and Data Alternative; Consistent Executive Leadership and High Customer Retention Are Keys to Company's Success.OAKBROOK TERRACE, Ill. -- CIMCO CIMCO Card Image Correction Communications today announced its 20th anniversary as a voice, data and Internet services provider to Midwest businesses. Since the mid-1980's, CIMCO has been served by the same executive management team and has never been subject to a merger nor acquisition. CIMCO maintains a 98 percent customer retention rate, among the highest in the voice and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. industry. In 1985, CIMCO CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Bill Capraro recognized the significant opportunity that was developing within the telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. industry. The Telecommunications Act There are several laws named the Telecommunications Act
The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. of the long distance market and opened the door for competition. With significant risk, due to the tremendous volume commitment required by AT&T, Capraro formed CIMCO Communications and became one of the first long-distance, Software Defined Network (SDN SDN Sun Developer Network (Sun Microsystems) SDN SAP Developer Network SDN SOF (Special Operations Forces) Deployable Node SDN Sociale Databank Nederland (Dutch) ) resellers. With aggressive volume commitments to meet and few customers, Capraro capitalized Capitalized Recorded in asset accounts and then depreciated or amortized, as is appropriate for expenditures for items with useful lives longer than one year. on one fundamental philosophy - customer service. The business strategy behind selling SDN was to provide customers with a high quality network at a competitive price and enhance that with exceptional customer service. By focusing on larger business customers, Capraro recognized that he could afford to offer the resources to truly add value to customers and maintain a profit margin. "CIMCO has been able to adapt quickly to the trends in the industry because of our experienced people and variety of partnerships," Capraro said. "We have been able to leverage these strengths as well as our loyal customer base into a very successful business model. CIMCO has continued to enjoy success while many other integrated communications providers have not survived." Over the years, CIMCO's core strategy has not changed. CIMCO has expanded its product offerings to include local phone service, data products and an ever-expanding menu of Internet access See how to access the Internet. , network enterprise solutions and managed IT services. CIMCO has made prudent capital investments to stay competitive in the market and ensure the highest levels of technology are always available to its customer base. However, the key to CIMCO's success has remained in its commitment to customer service. Capraro added: "We have been successful hiring talent from large organizations because CIMCO offers them the opportunity to be part of a company that has proven its dedication to servicing customers exceptionally well along with the added benefit of being a financially stable environment." About CIMCO Communications CIMCO Communications has been providing integrated communication services to businesses in the Chicago area for 20 years. CIMCO combines its scalable, stable network and broad suite of products with technologically diverse expertise. Customers experience the passion for extraordinary service in the responsible, knowledgeable and person-to-person way CIMCO meets their needs. For more information, see www.cimco.net. |
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