Financial


  • The Google-Phone Effect
    In the coming months, wireless dealers will be getting a bold new palette of handset options to offer their business customers. For one thing, devices built on Google Inc.'s Android platform, announced in November, should be making their way to market soon, adding another ...More
    January 10, 2008 By Tara Seals Posted in Articles
  • Pac-West Emerges from Bankruptcy; New Execs Take Over
    Wholesale service provider Pac-West Telecomm Inc. has exited from bankruptcy with new owners, executives and strategies. The Stockton, Calif.-based company filed for Chapter 11 bankruptcy last May and emerged Dec. 1, 2007, although it didn’t make any announcements until ...More
    January 9, 2008 By Kelly Teal Posted in News
  • 700MHz Bidder Frontline Wireless Reportedly Folds
    Frontline Wireless, an investor-backed startup founded by former FCC chairman Reed Hundt, reportedly has folded after failing to make its down payment for bidding in the upcoming 700MHz spectrum auction. A spokeswoman for Frontline Wireless told Virgo Publishing on ...More
    January 9, 2008 By Kelly Teal Posted in News
  • Ingram Micro Unveils Finance Options, Expanded Field Support
    Ingram Micro said it has introduced a new suite of customizable leasing finance options and expanded field credit resources to help providers grow and capture more services value in 2008. Available now through Ingram Micro Preferred Leasing (IMPL), these new leasing options ...More
    January 8, 2008 Posted in News
  • Covista Completes GT3, ClearEnd Purchases
    Covista Communications Inc. said Monday it has finished the acquisitions of GT3 Holdings Corp. and ClearEnd Corp. Terms of the deal weren’t disclosed, as Covista is privately held. GT3, which has been operating under the name of General Telecom, specializes in IP services, ...More
    January 8, 2008 Posted in News
  • Motorola Lays Off 1,600 More Employees
    Motorola Inc. said late Friday it laid off 1,600 more employees in the fourth quarter of 2007 and that the costs will create capex charges in 2008. The telecom equipment company released the information in a filing with the Securities and Exchange Commission. Motorola in ...More
    January 4, 2008 By Kelly Teal Posted in News
  • Vonage Pays Sprint $80 Million, Presumably Running Out of Cash
    A document filed with the Securities and Exchange Commission and published Thursday shows that Vonage Holdings Corp. has paid the $80 million it agreed to hand over for infringing on some of Sprint Nextel Corp.’s VoIP patents. Vonage and Sprint reached a settlement ...More
    January 4, 2008 By Kelly Teal Posted in News, Voice over IP (VoIP)/IP Telephony
  • Level 3-Limelight Case Could be Trendsetter
    Level 3 Communications Inc. said this week it’s suing Limelight Networks Inc. for infringing on its content delivery network patents. Meanwhile, one telecom attorney predicted the number of cases like this only will increase as carriers roll out converged services. ...More
    January 2, 2008 By Kelly Teal Posted in News
  • TelePacific Celebrates 10 Years
    Facilities-based carrier TelePacific Communications marks its 10-year anniversary in 2008. The company provides voice and data services on TelePacific-owned switches and network infrastructure, and manages more than 75,000 customer accounts throughout California and Nevada. ...More
    December 31, 2007 By Cara Sievers Posted in Articles
  • Becoming an Enabler
    More and more agents are becoming enablers. No, not the kind Dr. Phil would be interested in yelling at. Rather, they are enabling customers to buy, use and upgrade the telephony services they are hocking by offering them the option to lease the equipment needed to make ...More
    December 31, 2007 By Cara Sievers Posted in Articles, Software as a Service/ Cloud Services (SaaS)