November 9, 2009 (FinancialWire) — Competitive Cos. Inc. (OTCBB: CCOP) said it has signed a letter of intent to acquire Voice Vision, Inc., a provider of video communication solutions through the internet.

The company said that the planned acquisition is consistent with its strategic business plan, designed to build enterprise value through organic growth and acquisition opportunities associated with cross-functional integration of complementary core competencies.

Competitive said that, along with providing a voice over IP solution for CCI’s current customers, Voice Vision’s focus on the multibillion dollar market associated with distant learning, telemedicine and hearing impaired, is consistent to “the combined and continuing commitment to our ethical, cultural and social conscious.”

The company also sees shareholders of both companies benefitting from the combined companies ability to add IP video delivery to its offerings.

Nevada-based Competitive has offices in Riverside, California, Eau Clair, Wisconsin, San Antonio, Texas, and Scottsdale, Arizona. The company began operations in 1998 to provide telecommunication services including data, voice and video to multiple dwelling units in tier one markets.

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