Financial

Shared Technologies Acquires UAC

Shared Technologies Inc. has acquired United Asset Coverage Inc. (UAC). Details of the transaction were not disclosed. Illinois-based UAC provides integrated telecommunications and data networking maintenance services through a network of 41 offices across the country. ...More
February 26, 2007
Posted in News
FDN Makes Management Changes

Florida-based FDN Communications has named Kevin Smith chief marketing officer and Jim DaBramo executive vice president of strategic sales. Smith, who has been with the company since 1999 and was vice president of marketing, will oversee all company marketing and ...More
February 22, 2007
Posted in News
Brightpoint to Acquire Dangaard Telecom

Mobile phone distributor Brightpoint Inc. said Tuesday it will buy Denmark-based Dangaard Telecom. Brightpoint will issue 30 million shares of its stock and $100,000 for exchange of all shares of Dangaard, which is a privately held portfolio company of Nordic Capital Fund ...More
February 20, 2007
Posted in News
CLEC Poster Child Trinsic Files for Bankruptcy Protection

Struggling CLEC Trinsic Inc., the former Z-Tel Technologies Inc., has filed for Chapter 11 bankruptcy protection. The company has steadily been losing money in what CEO Trey Davis called a “post-UNE-P marketplace.” In its most recent financial report with the Securities and ...More
February 9, 2007
Posted in News
Time Warner Telecom Increases Revenue, Lowers Losses

Colorado-based Time Warner Telecom Inc. this week reported $238.8 million in fourth-quarter 2006 revenue, which contributed to the year’s overall total of $812.4 million. Quarterly revenue rose 29 percent over the same period in 2005, from $184.5 million to $238.8 million. ...More
February 8, 2007
Posted in News
Qwest Reports Higher Fourth Quarter Profits

Qwest Communications International Inc. on Thursday reported a fourth-quarter profit of $194 million, or 10 cents per share, compared to a $528 million loss, or 28 cents per share, a year earlier. Qwest made headway thanks in part to an increase in Internet subscriptions – ...More
February 8, 2007
Posted in News
Polycom to Acquire SpectraLink

In a bid to meet IP mobility demand, equipment maker Polycom Inc., said Wednesday it will acquire SpectraLink Corp. for about $220 million in cash. Boulder, Colo.-based SpectraLink makes wireless telephone and messaging systems for businesses. Polycom, which is based in ...More
February 7, 2007
Posted in News, Voice over IP (VoIP)/IP Telephony
AireSpring to Use McLeodUSA Network

AireSpring Inc., a competitive carrier based in Southern California, said Wednesday it will use McLeodUSA Inc.’s 20-state network to carry local voice services. The partnership primarily focuses on T-1 and PRI local voice circuits, the companies said, but AireSpring will ...More
February 7, 2007
Posted in News
Digium Names New CEO

Digium Inc. announced former ADTRAN President Danny J. Windham will be taking over as CEO of the company, which is the author of the Asterisk open source VoIP software. Founder Mark Spencer will step aside as president and will fill a new post as chairman and CTO and will ...More
January 30, 2007 By Khali Henderson
Posted in News, Voice over IP (VoIP)/IP Telephony
Telcombrokers Begins Buying Spree

In what is described as the first of many acquisitions, master agency Telcombrokers in late December purchased the assets of Tru Choice Communications, a rival master agency based in Corona, Calif. Telcombrokers’ Dominic Antonini “We are very pleased to complete the ...More
January 30, 2007 By Khali Henderson
Posted in Articles