financial

 

Trading Desk: Band-X Acquires German Exchange

Posted: 02/2001 GE Brings Good Things to Arbinet By Bruce Christian Arbinet-thexchange Inc. (www.arbinet.com), a full-service trading solution for buyers and sellers of telephony bandwidth, reached an agreement in December with GE Capital Commercial Services (www.geccs.com) that provides thexchange with global credit risk management, a variety of financing and back-office support services. The deal supports […]

Wholesale: Verizon Axes NorthPoint Merger

Posted: 01/2001 Verizon Axes NorthPoint Merger By Josh Long Verizon Communications hoped to conceive a broadband giant after announcing plans last summer to merge its DSL assets with NorthPoint Communications, Inc., in 2001. The deal could have propelled NorthPoint (www.northpoint.com) into profitability as the new broadband company was expected to begin operations with 600,000 DSL […]

Trading Desk: RateXchange President Resigns

Posted: 11/2000 RateXchange President Resigns By Khali Henderson Ross Mayfield, president of RateXchange Corporation (www.ratexchange.com), has resigned from the online capacity trading company he co-founded in early 1998. While Chairman and CEO Don Sledge told PHONE+ in mid-September that there were no plans to replace Mayfield, the company announced Oct. 6 that Jon Merriman would […]

Q: What is the role of minutes exchanges in capacity trading?

Q: What is the role of minutes exchanges in capacity trading?A: Most fundamentally, a minutes “exchange” is not a true exchange where commodities traders meet to trade standard futures contracts. Minutes exchanges are actually physical delivery marketplaces for telephone minutes. It is more accurate then to refer to them as “minutes marketplaces.” Ultimately, all trades […]

E-Channel: DotPlanet.com Rolls Out New Portal

Posted: 10/2000 DotPlanet.com Rolls Out New Portal By Tara Seals DotPlanet.com Inc. (www.dotplanet.com), an Atlanta-based ISP, has announced alliances with strategic partners that will add offerings such as long-distance calling to the portfolios of the dot com’s agents.The company also has launched a financial web portal that will give agents access to value-added products, such […]

Business News – ADDS, MOVES & CHANGES

Posted: 08/2000 ADDS, MOVES & CHANGES Sprint PCS president and COO Andrew Sukawaty has left the company to pursue other opportunities. Ronald T. LeMay, president and COO of Sprint Corp. (www.sprint.com), will replace him on an interim basis. Sukawaty, 44, acted as a consultant to LeMay for his last month with the company to assist […]

Business News – Dot-Com Company Becomes Sprint Agent

Posted: 07/2000 Dot-Com Company Becomes Sprint Agent BY TARA SEALS GoPublicNow.com (www.gopublicnow.com), a business to business financial portal for companies that want to attract capital and go public, signed an agent agreement Tuesday with Sprint Business (www.sprintbiz.com). GoPublicNow.com is Sprint’s first dot-com agent, and the carrier says the move indicates a trend towards “thinking outside […]

Bottom Line: Smart Financing–Understanding The True Cost of Capital

Posted: 04/2000 Smart Financing–Understanding The True Cost of Capital By Steven B. Jaffee Your business plan shows a significant need for cash. Where do you go next to execute your strategy? Before you reach the bargaining table, prepare yourself:Have a well-developed business plan.It may seem obvious, but the quality of your business plan can mean […]

No Spectrum, No Deal: Court Puts NextWave Future InDoubt

Posted: 02/2000 No Spectrum, No Deal: Court Puts NextWave Future In Doubt By Ken Branson What had appeared originally as a boost for financially strapped NextWave Telecom Inc. (www.nextwavetel.com) has turned into a bust. NextWave Telecom’s problems began after it paid too much for 30 MHz spectrum. The price tag led the company to seek […]

Business News – ADDS, MOVES & CHANGES

Posted: 10/1999 ADDS, MOVES & CHANGES Thomas Welliver Thomas Norris Tim Cathcart BTI Telecommunications Services, Raleigh, N.C., has tapped two 10-year telecommunications veterans for key positions and has promoted an employee. The company has appointed Thomas Welliver director of investor relations and capital markets and Thomas Norris director of customer service, and has promoted Tim […]

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