bought

 

Apple Sells 1 Millionth iPhone

Apple Inc. said Monday it sold its 1 millionth iPhone over the weekend. The company said on its Web site the milestone was achieved on Sunday, 74 days after the launch of the device. The iPhone debuted to much fanfare June 29. In comparison, Apple said, it took two years to sell its 1 millionth […]

Platinum Uproots Trinsic Ops

Platinum Uproots Trinsic Ops Platinum Equity Group has been battening down the hatches at Florida-based Trinsic Inc., the bankrupt CLEC it bought at the end of March.

Platinum Uproots Trinsic Ops

Platinum Equity Group has been battening down the hatches at Florida-based Trinsic Inc., the bankrupt CLEC it bought at the end of March. Michael Rogers, the channel manager, was laid off in mid-April and CEO Trey Davis has been told he wont be part of the new company. At press time, he still was working […]

Motorola Invests in Vocera

Motorola Inc., through its strategic venture capital division, has bought a stake in Vocera Communications, the company said Wednesday. Terms of the deal were not disclosed. The Vocera Communications System lets workers communicate over a facility’s wireless network through a hands-free, wearable badge. The Cupertino, Calif.-based company serves hospitals, hotels, libraries and other retail businesses. […]

TelePacific Goes Wholesale

When TelePacific Communications bought Mpower Communications Corp. in August, it also took on that carriers successful wholesale division. The same people and services now operate under the TelePacific umbrella, giving the California-based CLEC another line of business. TelePacifics Russ Shipley The move is significant for TelePacific, which has made its name as a retail carrier. […]

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. […]

Groups to FCC: Deny AT&T-BellSouth Merger

In the face of the proposed merger of AT&T Inc. and BellSouth Corp., companies and associations are uniting more tangibly than they did when AT&T bought SBC and Verizon Communications Inc. bought MCI Inc. in 2005. Those mergers went through too easily, the groups say, and now they have joined to oppose such rubber stamping. […]

Digital Realty Trust Buys Several Facilities

Digital Realty Trust Inc., which buys and leases technology real estate, said this week it has closed on several facilities in key U.S. technology markets. The company has bought 251 Exchange Place in Herndon, Va., which is close to Washington, D.C.. The building measures 71,000 square feet and Digital Realty Trust said it is fully […]

AT&T to Trade Under T Symbol

The new AT&T Inc. tomorrow will begin trading under the T symbol on the New York Stock Exchange. The T was AT&T Corp.s symbol before the company was bought by SBC Communications Inc. AT&T Corp. was a member of the Dow 30 until April 2004. SBC, which changed its name to AT&T Inc. after the […]

CommPartners Buys Minutes Trader

Wholesale IP network operator CommPartners is expanding its services to carriers with the acquisition of New Jersey-based TPC Networks. CommPartners said today it has bought TPC for its expertise as a buyer and seller of carrier transport minutes. TPC will become part of CommPartners new Carrier Services Division.The privately held companies did not disclose the […]

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