RCN to Buy Con Ed for $32 Million

Consolidated Edison Inc., the New York power company, said today it has agreed to sell its telecom subsidiary to RCN Corp. for approximately $32 million. RCN said buying Consolidated Edison Communications Holding Company Inc. (CEC) will bolster its fiber services to businesses, expand its residential reach in the northeast and more than double its annual […]

Phone Plus Prepaid: industry news

Posted: 3/2004 industry news Study: Telecom Success Just Beginning for Prepaid New research from TowerGroup finds prepaid services are in the early stages of a long-term expansion that will affect consumer, business and government use of cash and check payments. TowerGroup believes the early success of prepaid applications in closed environments like telecom and retail […]

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