buys

 

GT3 Buys New Global Telecom Division

New Global Telecom (NGT) said Monday it has agreed to sell its General Telecom division to GT3 Holdings LLC. General Telecom will become part of GT3 and operate as a standalone entity, unaffiliated with NGT. GT3 will own and operate the General Telecom suite of telecom switch partitioning services. The deal is effective immediately. NGT […]

BSG Buys VoiceLog

BSG Clearing Solutions North America LLC late last week closed on its $15.6 million purchase of third-party verification provider VoiceLog LLC. The companies made the announcement on Monday. VoiceLog founder Larry Leikin and his 30 employees now work for BSG, which specializes in clearing and settlement, as well as payment and financial risk management solutions […]

Westcon Buys Voice Expert Ronco

Westcon Group Inc. has acquired a fellow distributor that makes the company the largest reseller of Nortel Networks voice and data products in North America, and strengthens its presence in the voice market. Westcon Group said on Monday it has purchased the Buffalo, N.Y.-based distribution arm of Ronco Communications and Electronics Inc. Terms of the […]

InfoHighway Buys Future Telecom

InfoHighway Communications Corp. said today it has acquired Future Telecom, a New York-based reseller of voice and data communications. The privately held CLEC had not made any previous announcements about the buyout and did not release terms of the deal. InfoHighway earlier this year bought Eureka, making the combined provider one of the largest in […]

Level 3 Buys Additional Transatlantic Capacity

Wholesale provider Level 3 Communications Inc. is buying 300GB of transatlantic capacity from Apollo Submarine Cable System Ltd. to accommodate the growth of its IP network. “The purchase increases the total available capacity on our transatlantic network to more than 700 gigabits immediately and greater than 1,000 gigabits should we exercise our right, said Brady […]

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 […]

Formula Telecom Buys Viziquor

Israel-based Formula Telecom Solutions Ltd., a CRM and billing provider, said today it has acquired U.S.-based Viziqor Solutions Inc., a privately held developer of billing and business support systems. Formula Telecom Solutions said the buyout gives it a stronger presence in the North American market. Some of Viziquors products are designed specifically for U.S. companies. […]

Trinsic Buys Sprint Local Lines

Trinsic Inc., the Florida-based CLEC that uses IP to deliver broadband and voice services, will buy Sprint Nextels local access lines for which it provides services under a wholesale, private label agreement. The former Z-Tel Technologies Inc. made the announcement yesterday, and would not disclose the deals terms. Trinsic says it provides wholesale services for approximately […]

Digital Realty Buys Two Additional Properties

Digital Realty Trust Inc. has acquired two properties, one in Chicago and the other in Amsterdam, Netherlands. The technology real estate company bought Printers Square, the Chicagos South Loop neighborhood, for approximately $39.0 million. The property is an Internet gateway for the Midwest, containing technical facilities for a number of telecom network service providers and […]

StarVox Buys NGTs International Wholesale Termination Business

New Global Telecom Inc. (NGT), a managed wholesale VoIP provider, said today it has finalized the sale of its international wholesale termination business unit to StarVox Communications Inc. StarVox is a facilities-based ASP offering wholesale and retail VoIP services. NGT says it wants to put all its focus on its outsourced network managed services, which […]

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