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 […]

Vonage Expanding Via Capital Infusion

Vonage Holdings Corp., the biggest Internet phone company, on Monday said it will fund expansion in Canada, the United Kingdom and the United States after raising $200 million through its investors and senior management. Edison, N.J.-based Vonage also said it might launch Internet phone service in other countries. The financing round led by Bain Capital […]


Posted: 5/2003 Power Play Con Edison Communications Taps Into SMBs Using Outsourcing Model By Khali Henderson CEC’s Peter Rust Con Edison Communications (CEC), a subsidiary of Consolidated Edison Inc., introduced in mid-March PowerNet Internet and PowerCall Voice Services — marking the four-year-old company’s foray into the small and medium-sized business markets in the New York […]

Tangoe Raises $3 Million in Equity Round

Tangoe, a company providing enterprises software to manage their communications needs, announced Thursday raising $3 million in equity financing. Edison Venture Fund led the second financing round followed by Series A investors. “Tangoe has demonstrated that its software dramatically reduces an enterprise’s voice and data spend through automation and we are confident that its strong […]

Wholesale Channel: News Briefs

Posted: 1/2002 Wholesale Channel News Briefs * Cognigen Networks Inc., an Internet marketer and master agent, says it will make the leap to a resale model. Cognigen has begun filing applications and tariffs for certification for authority to operate as a direct long-distance reseller in 36 states. Cognigen’s chairman and CEO Darrell Hughes says, the […]

Trading Desk – Con Edison Communications to Launch Collocation with LighTrade

Posted: 04/2001 Trading Desk Con Edison Communications to Launch Collocation with LighTrade By Bruce Christian LighTrade (www.lightrade.com), a provider of neutral, fully automated bandwidth "pooling points," is slated to become the first major tenant of Consolidated Edison Communications Inc.’s (www.electricfiber.com) collocation facility in Manhattan, N.Y. The Con Edison facility, which will be located at 111 […]

Plugging into Power Company Networks

Posted: 06/1999 Plugging into Power Company Networks By Khali Henderson In the deal-a-minute world of wholesale long distance services, there are a handful of companies that stand out as primary suppliers. In the same breath as AT&T Corp., Sprint Corp. and MCI WorldCom Inc., one would list Williams Network, Tulsa, Okla. Because of its long […]

Utility Company and Telecom Subsidiaries

Utility Company and Telecom Subsidiaries Utility Company Name and HQ Telecom Subsidiary Name and HQ Date Telecom Subsidiary Founded Type of Customers Types of Services Offered Now Geographic Service Territory (for Telecom) BEC Energy Boston www.bedison.com Beco Communications Boston N/A 1995 Wholesale network provider to RCN Corp., a competieve local exchange carrier (CLEC) with an […]

The ID is: 74210