IDT Corp. says it will receive $44 million from Spain-based Telefonica S.A. now that the two companies have settled a lawsuit.
IDT, a CLEC, in January 2001 filed a complaint against Telefonica and its Terra Networks division because Telefonica had gone back on a contract to operate jointly its Internet services in the United States. The service would have targeted Spanish speakers.
AT&T, CenturyLink and Connectwise are among those adding drama to telecom, IT and the channel since last fall. https://t.co/YTBVQGjWqt
February 24 2018 @ 12:15:30 UTC