Financial


  • Birch Wraps NavTel Customer Buyout
    CLEC Birch Communications Inc. said this week it has wrapped its acquisition of certain business and residential customers bought from Navigator Telecommunications Inc.The deal, announced in July, originally was projected to close in October. Birch now owns customers in new ...More
    November 19, 2008 Posted in News
  • Microsoft: Read My Lips: No Yahoo! Takeover
    Either Microsoft Corp.’s (MSFT) Steve Ballmer is trying to get Yahoo! Inc.’s (YHOO) shares as low as they’ll go, making for a cheap takeover, or he really means it: Microsoft will not buy Yahoo!. "Let me be as clear as I think I've tried to be ...More
    November 19, 2008 Posted in News
  • Cisco Partner Eats Its Own
    Gold-certified Cisco Systems Inc. (CSCO) partner INX Inc. (INXI) has acquired Cisco VAR, NetTeks Technology Consultants, based in Boston.The acquisition expands the Houston-based VAR’s reach into the Northeast. The deal includes $1.35 million in cash and ...More
    November 19, 2008 Posted in News
  • FCC Releases Verizon-Alltel Merger Details
    The FCC has released details of its requirements for the Verizon-Alltel merger. Turns out, the agency added five markets to its original list Verizon Communications Inc. (VZ) must divest before it digests Alltel Corp. Verizon will have to shed spectrum, customers and ...More
    November 18, 2008 Posted in News
  • Ifbyphone Secures $4.6 Million
    Hosted IP telephony provider Ifbyphone said Tuesday it has secured $4.6 million in a second round of institutional funding from five venture capital firms.“We view this new round of funding as a strong endorsement of our growth and expansion strategy,” said ...More
    November 18, 2008 Posted in News, Voice over IP (VoIP)/IP Telephony
  • Bye, Bye Yang: Yahoo! CEO Finally Steps Down
    Jerry Yang finally has agreed to quit his post as Yahoo! Inc.’s  (YHOO) CEO. It’s past time. The Internet company’s stocks have fallen to a third of the price-per-share Microsoft Corp. (MSFT) offered to pay for a buyout; there’s no apparent ...More
    November 18, 2008 Posted in News
  • Level 3 Shoots for $400M With Tender Offer
    Level 3 Communications Inc. (LVLT) hopes to raise up to $400 million with newly announced tender offers. The Broomfield, Colo.-based carrier said Monday it will sell convertible senior notes to raise cash. It will use the cash to finance tender offers, which means ...More
    November 17, 2008 Posted in News
  • VARs Should Know All VoIP Options
    IP-based phone systems are the wave of the future. But how far communications VARs will be able to ride that wave depends on the decisions they make today about their VoIP solution offerings.To maximize earnings, experts say, VARs should offer both premise-based and hosted ...More
    November 14, 2008 Posted in Articles, Voice over IP (VoIP)/IP Telephony
  • Solution Providers Survive Now, Thrive Later
    The economy may be gloomy, but it doesn’t spell doom for those solution providers willing to step up and claim their status as advisors. Providing clients with solutions that cut current costs while laying the groundwork for growth when the economy recovers can reap ...More
    November 14, 2008 Posted in Articles
  • Opportunities and Obstacles: The UC Market
    Marketing hype surrounding unified communications (UC) has been going on for years, and according to experts, it could be another decade or more before the industry’s technology evolves sufficiently to fulfill expectations for adoption.But even in its early stages, UC ...More
    November 14, 2008 Posted in Articles