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Microsoft Introduces Response Point Phone System Software

Microsoft Corp. said Tuesday it has released its Microsoft Response Point phone system software aimed at SMBs to manufacturing. Microsoft worked with D-Link Corp. and Quanta Computer Inc. on the product. Microsoft Response Point, a premises-based phone system aimed at the very smallest of SMBs, certainly has competitive pricing and the integration with Outlook is […]

IPtimize to Acquire WTI

Denver-based IPtimize Inc. plans to buy CLEC WTI LLC in a move it expects will boost revenue and subscriber counts. Terms of the deal were not disclosed, even though IPtimize is a publicly traded company. However, it trades on the Pink Sheets market, a system comprised of companies that dont have to meet any listings […]

Nokia Issues Warning About Bad Batteries

Nokia said Tuesday that millions of its cell phone batteries could potentially overheat. The warning applies to Nokia-branded BL-5C batteries manufactured by Japans Matsushita Battery Industrial Co. Ltd. between December 2005 and November 2006. Matsushita is one of several companies that produce more than 300 million BL-5C batteries. Nokia said 46 million batteries are included […]

AT&T to Buy Dobson

AT&T Inc. said Friday it will acquire Dobson Communications Corp. for approximately $2.8 billion in cash. The RBOC said it wants to get more market share among rural wireless subscribers Dobson operates under the Cellular One brand and has provided roaming service to AT&T since 1990. It has 1.7 million subscribers. The company will be […]

ECI Telecom to be Acquired for $1.2 billion

ECI Telecom Ltd. said Monday it has agreed to be acquired by the Swarth Group and Ashmore Investment Management Ltd. for approximately $1.2 billion. ECI shareholders will receive $10 per share in cash at closing, representing a premium of approximately 22 percent over ECI’s average closing price during the 30 trading days ending June 15, […]

Windstream to Pay $585 Million for CT Communications

Windstream Corp., a spinoff of Alltel, said Tuesday it will buy ILEC CT Communications Inc. for approximately $585 million. Windstream plans to purchase all of CT Communications outstanding shares for $31.50 apiece, using debt and existing cash. The deal should close in the second half of 2007, the carrier said, once it secures shareholder and […]

NetCracker Platforms to Serve UPC

UPC Broadband, Europe’s largest cable operator, will use NetCracker Technology platforms for network and service management. UPC Broadband has approximately 10 million subscribers, and provides video, broadband, high-speed Internet and traditional voice, VoIP and mobile telephony services. The company will use NetCracker’s Service and Network Provisioning platforms. UPC Broadband also will deploy NetCracker’s service assurance […]

Level 3 Completes Broadwing Acquisition

Level 3 Communications Inc. has completed its $1.4 billion acquisition of Broadwing Corp. Level 3 will pay consideration to Broadwing shareholders of $8.18 in cash plus 1.3411 shares of Level 3 common stock for each share of Broadwing common stock outstanding at closing. Level 3 will pay approximately $744 million of cash and issue approximately […]

Hostopia Makes Debut on Toronto Stock Exchange

Hostopia.com Inc., a wholesaler of Web hosting services, on Friday marked the listing of its common shares on the Toronto Stock Exchange. At midday, shares were trading for approximately $5.39 in U.S. currency, down 5 cents. The company which sells to communications service providers, who then resell to SMBs trades under the symbol H. It […]

Hostopia to Close IPO Friday

Hostopia.com Inc., the wholesale Web hosting provider that announced in July it was going public, will close its IPO on Friday, and looks to generate less from the offering than it had hoped. In its final prospectus with U.S. and Canadian government agencies this week, Hostopia said it expected to net approximately $19.1 million, in […]

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