assets

 

Telstra Wraps Pacnet Acquisition Pending U.S. Approval

The acquisition two-and-a-half years after Pacnet announced an initiative to expand its channel efforts in the U.S. in 2012. The company promoted Jason Kitzmiller as director of channel sales a year ago.

iPhone 6, Low Churn to Drive AT&T’s Q3 Numbers

AT&T CSO John Stankey said he anticipates that churn numbers will be low despite the increasing competition for customers among the big four wireless carriers. He also predicted a big finish to the quarter as Apple’s new iPhones go on sale on Friday.

Verizon Wireless to Acquire Assets from SureWest

Verizon Wireless will buy the operating assets of SureWest Communications wireless business for $69 million, the companies said Tuesday. Verizon Wireless will acquire the spectrum licenses and operating assets of SureWest Wireless, excluding SureWests more than 50-owned communication towers. SureWest had more than 50,000 wireless subscribers, as of the third quarter last year, and its […]

ILD Acquires Andiamo Telecom Assets

ILD Telecommunications Inc. said Tuesday it has acquired certain assets of facilities-based carrier Andiamo Telecom LLC for an undisclosed sum. ILD said the acquisition helps broaden the companys outsourced services reach into the international marketplace. San Luis Obispo, Calif.-based Andiamo Telecom serves international and domestic clientele. Privately held Andiamo Telecoms operator services call center division […]

Judge: Nacchio Must Forfeit Assets of $52 Million

Qwest Communications International Inc.s former CEO, Joe Nacchio, must forfeit $52 million in assets he gained after illegal stock sales. The federal government has tried since late 2005 to force Nacchio to hand over those proceeds. A federal judge in Denver released the forfeiture order on Friday as Nacchios sentencing hearing was starting. Nacchio in […]

Shared Technologies Acquires layerX Assets

Shared Technologies Inc. has acquired the majority of security virtualization software provider layerX Technologies LLCs assets for an undisclosed amount. The acquisition results in a newly formed, wholly owned subsidiary of Shared Technologies, STI LayerX Inc. The subsidiary will partner with Shared Technologies to deliver converged security platforms and provide enterprise security management and virtualization […]

Alltel Completes Purchase of Midwest Wireless

Alltel Communications Inc. has completed its $1.075 billion cash purchase of Midwest Wireless Holdings of Mankato, Minn. Alltel expects to gain approximately 450,000 wireless customers in southern Minnesota, northern and eastern Iowa, and western Wisconsin, expanding the companys 850MHz wireless business into contiguous markets that cover a population of 1.9 million. Alltel is purchasing Midwest […]

Intec Closes EUR Systems Acquisition

Intec Telecom Systems Plc has announced the completion of its acquisition of the operating assets of EUR Systems. EUR assets will be added to Intec’s existing service bureau operations in North America to offer a comprehensive suite of end-user and wholesale billing and BPO solutions to the North American ILEC, CLEC and IXC market. The […]

Comtel Launches New Excel Telecommunications

Comtel Telcom Assets LP has completed its asset acquisition of VarTec Telecom Inc., one of the pioneers of the 10-10 dial-around market. Comtel bought nearly all of VarTecs assets, as well as those of VarTecs subsidiaries Clear Choice Communications, One Choice and VarTec Solutions (formerly eMeritus Communications). The deal first was announced in August 2005. […]

NetGain Introduces New TEM Solution

NetGain Communications, a telecommunications inventory and expense management services company that specializes in providing medium and large businesses with superior telecommunications solutions, today unveiled its new inventory and telecom expense management (TEM) tool, iTEMize. iTEMize is a subscription-based software service that helps companies effectively control assets, address billing errors and streamline the telecommunications process. It […]

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