Matrix Telecom Planning to Acquire Acceris Communications

Acceris Communications Corp. could soon become a part of Matrix Telecom. San Diego-based Acceris Communications Inc. on Monday announced a letter of intent to sell its communications subsidiary to Matrix Telecom for cash and other consideration for the transfer of shares. Completing the sale is contingent upon the execution of a share purchase agreement, approval by […]

Business News – Viatel To Buy Destia in Estimated $1 Billion Stock Swap

Posted: 10/1999 Viatel To Buy Destia in Estimated $1 Billion Stock Swap By Ken Branson Viatel Inc., New York, intends to buy Destia Communications Inc., Paramus, N.J., in a stock swap valued at approximately $1 billion. The two companies are competitive long distance carriers active in Europe, but they do different things in different countries. […]

Taking Inventory of the Systems-ServiceProposition

Posted: 05/1999 Taking Inventory of the Systems-Service Proposition By Khali Henderson InstantOffice from Vertical Networks Inc. provides a single-platform solution for the voice and data communications needs of small businesses. The bundle is the sales slogan for competitive telecommunications service. One 1999 study by Arthur Andersen LLP, Chicago, predicts that 94 percent of service providers […]

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