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Rivermine Announces Verizon Business eBonding

TEM solution provider Rivermine said it has Verizon Business eBonding capabilities, allowing the companys Fortune 1000 and government customers to communicate securely and automatically with Verizon Business. Rivermine said it is the first TEM provider to offer eBonding capabilities, which provide an electronic interface between Rivermines TEM software and Verizon Business back-office systems for ordering […]

Attract Big Spenders Without Breaking the Bank

Drawing on experience from insurance, real estate and manufacturing industries to supplement his work in telecom, Tim Basa, vice president of sales at BullsEye Telecom, plans to shoehorn a three-day clinic of dos and donts into todays session, Marketing for Maximum Profit, for agents targeting large, multisite businesses. Companies are wasting a lot of time […]

RCN to Buy NEON for $260 Million

Virginia-based RCN Corp. said on Monday it will buy NEON Communications Group for up to $5.25 per share in a deal totaling approximately $260 million. Both companies boards have approved the acquisition, which should close in the fourth quarter. RCN is one of several CLECs that offers video services, along with voice and data. It […]

Cavalier to Buy Talk America for $251 Million

Privately held provider Cavalier Telephone & TV said on Friday it is buying publicly traded Talk America Inc. for $251 million, or $8.10 per share. There was no word whether Cavalier would remain private or go public à la PAETECs transaction with US LEC. The deal is slated to close in December. Talk America shareholders […]

Thermo Credit Funds CentricVoice Facility

Thermo Credit LLC, an investment company that funds the likes of Xspedius Communications LLC, on Tuesday announced it has entered into an agreement with CentricVoice Inc. to provide up to $1,000,000 in receivables financing as well as an initial $500,000 in contract financing for a new facility that will replace a credit facility CentricVoice had […]

American Fiber Systems Closes $25 Million Financing Round

American Fiber Systems Inc., a metropolitan fiber-optic broadband service provider, has completed a $25 million round of financing. The privately held company said it has earmarked the money to expand services, erase $6 million in debt and plan for acquisitions. The financing came from Comerica Bank. AFS is growing revenues rapidly and we found ourselves […]

OnFiber Secures $25 Million in Funding

OnFiber Communications Inc. has executed a $25 million senior secured credit facility with Comerica Bank, and will use the funds to repay existing senior indebtedness, and pay for acquisitions and working capital to support growth. Our customer-focused solutions continue to be very well-received, necessitating we procure capital available for rapid service deployment and additional growth, […]

Conversent Communications, FiberNet Complete Merger

Conversent Communications and FiberNet have completed a merger that creates a telecommunications company operating in 11 states throughout the Northeast and Mid Atlantic. Conversent, of Marlboro, Mass., also said it has secured a $225 million debt facility from a group of investors led by Bank of America. The telco said it would use the money […]

Just One Word Plastic

VARs, system integrators and agents would do well to watch some old movies every so often to get a little business advice. Remember the scene in the “The Graduate” when a Los Angeles businessman takes Dustin Hoffman aside and declares, “I just want to say one word to you just one word. Plastic.” Turns out, […]

Making Bank

Posted: 1/2004 Making Bank Cashing in on the financial services industry By Tara Seals As markets go, the financial vertical has a lot to offer a communications salesperson. Besides a deep technological need for ever-evolving solutions and applications, banking and financial firms require professional and consulting services, often have multiple locations and tend to be […]

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