counts

 

NEWS BRIEFS

Wholesale service provider Pac-West Telecomm Inc. filed for Chapter 11 bankruptcy on May 1. The beleaguered company has secured $18.5 in debtor-inpossession financing to fund operations during reorganization. Pac-West has watched revenue from ISPs decline as it simultaneously has spent millions building out its network. It also sold its retail business to TelePacific Communications in […]

Nacchio Sues Over Legal Fees

Former Qwest Communications International Inc. CEO Joe Nacchio has filed a lawsuit in a Delaware court over his legal costs. He said Qwest is balking at paying his legal fees and he is asking the court to require the company to keep footing the bills. Nacchio last month was found guilty on 19 of 42 […]

Nacchio Found Guilty on 19 of 42 Counts

A jury Thursday found former Qwest Communications International Inc. CEO Joe Nacchio guilty on 19 of 42 counts of illegal insider trading. Jury deliberations took six days. Nacchio now faces up to 10 years in prison and a $1 million fine for each of the 19 guilty counts. Federal prosecutors contended Nacchio took part in […]

Jury Debates Nacchio Fate

The trial of Joe Nacchio, former CEO of Qwest Communications International Inc., went to the jury today, shortly after noon Mountain Time. A jury of eight men and four women is considering whether Nacchio took part in insider trading for sales of $100.8 million in Qwest stock between Jan. 2, 2001, and May 29, 2001. […]

Nacchio Trial Starts in Denver

Jury selection in the trial of former Qwest Communications International Inc. CEO Joe Nacchio began on Monday morning in Denver. The federal government has charged Nacchio with taking part in insider trading for sales of $100.8 million in Qwest stock between Jan. 2, 2001, and May 29, 2001. Each of the 42 counts he faces […]

New Excel Counts on Channel for Comeback

As it emerges from reorganization, VarTec Telecom Inc. is counting on new owners, new money, new managers, a new distribution strategy and a familiar, but controversial, brand to put it back on track. In early June, Comtel Telcom Assets LP completed its asset acquisition of VarTec Telecom Inc., including its VarTec Solutions subsidiary formerly known […]

Enron Execs Convicted on Multiple Counts

A Houston jury on Thursday convicted former Enron Corp. executives Kenneth Lay and Jeffrey Skilling of fraud that led to the energy companys collapse in 2001. Lay, the companys founder, was convicted on all six counts and Skilling, the former CEO, on 19 of 28 counts. Both men will be sentenced on Sept. 11. News […]

CTC Picks MetaSwitch Softswitch Platform

MetaSwitch (Booth 1323) announced this week CTC Communications is using its softswitch platform to deliver a range of hosted business services. CTC is one of the largest converged communications service providers in the Northeast and Mid-Atlantic regions. Compatibility with our existing network standards was a key requirement, as was a resilient future-proof applications platform based […]

NGT Counts 15,000 End-User Licenses

VoIP wholesaler New Global Telecom (NGT) says it has doubled the number of 6DegreesIP end-user licenses to 15,000 as of the close of the first quarter. The company expects that number to grow to at least 60,000 by the end of this year. Our accelerating growth coincides with the explosion in VoIP market adoption, says […]

Every Single Contact Counts

I recently picked up a car from one of the national rental car companies and left with more than a vehicle. I drove off the lot with a valuable lesson on why every employee counts when it comes to providing quality customer service. Here’s what happened: At the counter, I was greeted in a friendly […]

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