Financial


  • BCM Finances Select Agents
    Master agency Business Communications Management (BCM) has developed a program wherein it will finance a new agent’s entry into the telecom sales business. Based on early success, BCM’s CEO John Cunningham hopes to extend the program to additional market ...More
    January 8, 2009 By Khali Henderson Posted in News
  • nGenX Merges With Norlight Data Centers
    nGenX Corp. and Norlight Data Centers Inc. announced that parent company Q-Comm Corp. has merged these two data-focused business units to focus on building more data centers and expanding cloud computing offerings. The combined business unit will come together under the ...More
    January 8, 2009 Posted in News
  • Aspect Acquires AIM Assets
    Aspect, a unified communications and contact center software and services provider, announced it has acquired substantially all of the assets of Applied Information Management Limited and its wholly owned subsidiary, AIM Technology Inc., a provider of analytical performance ...More
    January 8, 2009 Posted in News
  • Seidenberg: ‘Hilarious Devices’ in Verizon’s Future
    We’re not sure the words “Verizon” and “hilarious” have ever been paired before.At an investor conference on Wednesday, Verizon Communications Inc. (VZ) CEO Ivan Seidenberg said the carrier has some “really hilarious devices coming ...More
    January 7, 2009 Posted in News
  • BroadSoft Will Utilize Sylantro Channel
    One week after BroadSoft Inc. said it had acquired Sylantro Systems for terms that were undisclosed, Broadsoft has confirmed it will support and utilize the Sylantro channel to sell the company's products. This follows BroadSoft’s acquisition of ...More
    January 6, 2009 Posted in News
  • Glowpoint Touts ‘Significantly Improved’ Finances
    IP-based video provider Glowpoint Inc. (GLOW.OB) said Monday it has completed its second debt-for-equity exchange since November. Glowpoint now boasts “a significantly improved balance sheet and simplified capital structure,” said company CEO Michael ...More
    January 5, 2009 Posted in News
  • Bearish Bernstein Downgrade Slams AT&T, Verizon Shares
    AT&T Inc. (T) and Verizon Communications Inc. (VZ) aren’t off to a happy new year.Both carriers’ stocks fell like drunken partygoers when Bernstein Research downgraded their ratings and price targets. Analyst Craig Moffett cut his ratings on ...More
    January 5, 2009 Posted in News
  • Apple’s Steve Jobs 'Not Dying' After All
    Steve Jobs, the guru-like CEO of Apple Inc., is not dying after all, and will remain head of the ship at the iconic computing company. But he still has no plans to attend Macworld.Jobs, it turns out, is suffering from a hormonal imbalance that depletes proteins in the body, ...More
    January 5, 2009 By Tara Seals Posted in News
  • Bye, Bye Chad: Verizon to Complete Alltel Buy
    Chad’s time is coming to an end. Verizon Communications Inc.(VZ) said Friday it will complete its Alltel Corp. acquisition on Jan. 9. We fully expect to see cute, blond, smug Chad exit our televisions as Verizon makes the instant leap to No. 1 wireless provider. ...More
    January 2, 2009 Posted in News
  • Sign of the Times: First-Ever Microsoft Layoffs?
    Microsoft Corp. (MSFT) weathered rocky economies in the ‘70s, ‘80s and ‘90s. But this 21st century recession could be too much for the software giant.For the first time ever, it’s rumored Microsoft is planning layoffs – 15,000, to be ...More
    January 2, 2009 Posted in News