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Integra Closes Eschelon Acquisition

Integra Telecom Inc. said Friday it completed its $566 million purchase of Eschelon Telecom Inc. Eschelon is now a wholly owned company of Integra, which paid $30 per share for the company. The deal was announced in March. Integra said the combined company is one of the largest CLECs in the country and would have […]

Mitel, Inter-Tel Complete Merger

Two weeks after Inter-Tel Inc. stockholders approved a merger with Mitel Networks Corps., the companies have sealed the $723 million deal. Mitel said on Thursday it now is the top IP unified communications provider for enterprises and SMBs in North America and the second-largest in the Western European IP PBX market. As we come together […]

Inter-Tel Shareholders Approve Mitel Merger

Inter-Tel Inc. stockholders on Thursday approved the $723 million merger with Mitel Networks Corp. The company said early results indicate that 60 percent of its outstanding shares voted in favor of the transaction. We are pleased that Inter-Tel stockholders agreed with us that the Mitel merger represents the greatest value currently available to Inter-Tel stockholders […]

Brightpoint Completes Acquisition of Dangaard

Brightpoint Inc. said it completed its acquisition of Denmark-based Dangaard Telecom this week. Brightpoint issued 30 million shares with a value of with a value of $384.9 million of its stock and $100,000 for exchange of all shares of Dangaard. It also assumed $350 million of Dangaards debt. Brightpoint said the combined entity would have […]

NuVox, FDN Complete Merger

Just three months shy of their initial merger announcement, NuVox Communications and FDN Communications on Wednesday closed the deal. Terms were not announced, as both companies are privately held. They have said their combined annual revenue will surpass $500 million, roughly the same amount claimed by recently merged Broadview Networks and InfoHighway Communications. FDN and […]

PAETEC-US LEC Merger Completed

PAETEC Corp. and US LEC Corp. have completed their $450 million merger and the combined company began trading Thursday on the NASDAQ Syock Market under the symbol PAET. The combined company will conduct business as PAETEC Holding Corp. The merger, which was announced Aug. 14, was approved by both companies’ stockholders on Wednesday. The new […]

Broadview Buys InfoHighway for Undisclosed Amount

Broadview Networks Holdings Inc. is buying New York-based InfoHighway Communications Corp. Terms of the deal were not disclosed, as both companies are privately held. Broadview did say the transaction should close in the second quarter. Buying InfoHighway gives Broadview a footprint in New York, extending overall coverage from to 20 markets from Maine to Virginia, […]

Brightpoint to Acquire Dangaard Telecom

Mobile phone distributor Brightpoint Inc. said Tuesday it will buy Denmark-based Dangaard Telecom. Brightpoint will issue 30 million shares of its stock and $100,000 for exchange of all shares of Dangaard, which is a privately held portfolio company of Nordic Capital Fund VI and said it is the largest distributor of cell phones and accessories […]

Alcatel-Lucent Outlines 2007 Focus

Alcatel-Lucent today outlined the course ahead for the more than 80-day-old combined company, led by the theme of transformation. The tagline? Because the world is always on. We now have one vision, said Mary Chan, wireless business group president at Alcatel-Lucent. Its all about putting intelligence into the network to bring applications and innovation to […]

Vero Systems Announces International Expansion

OSS provider Vero Systems Inc. (Booth 806) announced it has expanded its Acuité product suite to include more capabilities for the international market. The Acuité suite now contains a new, dedicated module called AcuWorld. The module is the next generation of advanced least-cost routing using dial code and rate management, combined with easy-to-use routing screens. […]

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