closes

 

T-Mobile Workers Protest Closing of 7 Call Centers

With 3,300 workers at risk of losing their jobs when T-Mobile USA closes seven call centers in June, the CWA launched a national campaign Monday to protect those jobs, starting with a rally outside Bellevue, Wash.-based corporate headquarters.

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 […]

Towerstream Closes Stock Offering, Shares Decline

Towerstream Corp.s stock has taken a beating since the fixed wireless broadband provider went public on the Nasdaq in late May. Its share prices fell 3 percent during the first week of trading, however, and now the company has sold $40 million of its stock for less than market price. Towerstream announced last week it […]

Broadview Closes InfoHighway Acquisition

Broadview Networks Holdings Inc. has closed its acquisition of InfoHighway Communications Corp. The deal was announced in February and was finalized May 31. Terms were not disclosed as both providers are privately held. Together InfoHighway and Broadview form a $500 million CLEC. That puts the new company just behind northeast U.S. rivals such as One […]

Time Warner Telecom Closes Gap on Quarterly Losses

Colorado-based Time Warner Telecom Inc. improved its losses during the first quarter of 2007, the second straight quarter it has reported earnings since buying Xspedius Communications. The CLEC on Wednesday posted a net loss of $13.8 million, or 10 cents per share, as compared to a loss of $22.3 million, or 19 cents per share, […]

Sandler Partners Closes Multiple Deals With CallTower

CallTower Inc. (Booth 506), a provider of hosted communications and collaboration solutions for businesses, announced the companys ongoing partnership with Sandler Partners has yielded three separate revenue-generating business deals in 2006. Sandler Partners is part of the CallTower Partner Power Program, which offers recurring revenue, sales support, integration and customer care for delivery of hosted […]

Time Warner Closes Xspedius Acquisition

Time Warner Telecom Inc. on Tuesday closed on its $576 million purchase of Xspedius Communications LLC, the privately held CLEC based in Missouri. The deal was announced July 27. Time Warner has said buying Xspedius expands its metro footprint to 75 markets. Time Warner paid 18.3 million shares of its common stock in addition to […]

FCC Spectrum Auction Closes, T-Mobile Among Top Winners

The FCCs first auction of Advanced Wireless Service (AWS) spectrum licenses ended on Monday, with 104 bidders winning 1,087 licenses. FCC Chairman Kevin J. Martin called the auction the biggest and most successful in the agencys history. The spectrum offered was the largest amount of spectrum suitable for deploying wireless broadband ever made available in […]

Intec Closes EUR Systems Acquisition

Intec Telecom Systems Plc has announced the completion of its acquisition of the operating assets of EUR Systems. EUR assets will be added to Intec’s existing service bureau operations in North America to offer a comprehensive suite of end-user and wholesale billing and BPO solutions to the North American ILEC, CLEC and IXC market. The […]

Level 3 Closes Looking Glass Acquisition

Level 3 Communications Inc. has completed its acquisition of Looking Glass Networks Inc. Level 3 paid Looking Glass security holders approximately 21.3 million unregistered shares and $8.7 million in cash. The wholesale carrier also repaid $67 million of outstanding Looking Glass debt. Level 3 will add Looking Glass to its recently announced Metro Services business […]

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