Financial


  • Telcombrokers Acquires TLC Custom Communications
    California-based voice and data master agent Telcombrokers has acquired the contracts and agent base of TLC Custom Communications, based in Las Vegas. Terms of the deal, which was finalized Nov. 5, were not disclosed. TLC Custom Communications is a small voice and data ...More
    November 7, 2007 By Cara Sievers Posted in News
  • New Global Crossing VP Shares Vision for Channel
    Last spring Global Crossing Ltd.  gave the reins of its partner program to Jeff Callahan, vice president of indirect channels. To find out how the new leader plans to re-invigorate the program, PHONE+ Editor Khali Henderson spoke to Callahan at its network operations ...More
    November 2, 2007 By Khali Henderson Posted in News
  • Access, Birch Sign Merger Deal
    Access Integrated Networks Inc. said today it will merge with twice-bankrupt Birch Telecom Inc. Terms of the deal were not disclosed. However, the privately held CLECs – which both run agent programs – said their combined annual revenue will total $200 million. They also ...More
    November 2, 2007 By Kelly Teal Posted in News
  • MetroPCS Withdraws Leap Bid
    MetroPCS Communications Inc. on Thursday withdrew its unsolicited bid for rival Leap Wireless International Inc. Dallas-based MetroPCS on Sept. 4 offered to merge with Leap, a move that would have created a fifth national wireless carrier. The deal would have been valued at ...More
    November 1, 2007 Posted in News
  • Sprint Reports Shocking Profit Loss
    Sprint Nextel profits plunged a whopping 77 percent in the third quarter, with the carrier posting a net loss of 60,000 subscribers for the quarter. Net income fell to $64 million this year, compared with $279 million in the third quarter of 2006. While the third-largest ...More
    November 1, 2007 By Tara Seals Posted in News
  • East Meets West: PAETEC/McLeodUSA Combo Creates Nationwide CLEC
    McLeodUSA CEO Royce Holland and PAETEC Chairman and CEO Arunas Chesonis JUST AS THE Louisiana Purchase nearly doubled the size of the United States, PAETEC Holding Corp. has added to its territory with its acquisition of McLeodUSA Inc. Whether or not the combination will ...More
    November 1, 2007 By Kelly Teal and Khali Henderson Posted in Articles
  • Level 3 Works Out the Kinks
    It’s no secret that with growth comes pain. In the case of Level 3 Communications Inc., a two-year M&A spree culminated this summer in back-office and operational problems that had a lot of agents grumbling. Some were past the complaints stage and said ...More
    November 1, 2007 By Kelly Teal Posted in Articles
  • Column: Ask Steve - IPTV for SMBs
    What Do SMBs Want? Ask Yankee Group analyst Steve Hilton. Send your questions to asksteve@yankeegroup.com. Please include your name, city, state and a phone number. Only first names and locations will be published. I used to think that businesses had absolutely no reason to ...More
    November 1, 2007 Posted in Articles
  • Wireless+: The Demise of the Foleo
    As far as data devices go, Palm Inc. has been in the business as long as anybody, and has built a loyal following of anti-BlackBerry users for its PalmPilots and Treo smartphones. So it was with some fanfare that the company announced the Foleo “mobile companion,” meant to ...More
    November 1, 2007 By Tara Seals Posted in Articles
  • Disney Hangs Up on MVNO
    On Dec. 31, Disney Mobile will officially turn back into a pumpkin. The kid-focused and parent-friendly MVNO, which runs on the Sprint Nextel network, announced last month it would be turning off service a scant 18 months after launch. The Walt Disney Co. is bowing out of ...More
    November 1, 2007 By Tara Seals Posted in Articles