fund

 

EarthLink will not Further Fund Helio

Glitz-and-glamour MVNO Helio LLC will receive up to $270 million in fresh capital from parent company SK Telecom, it was reported today. But the Korean giant will fly solo; Helios other parent, EarthLink Inc., which previously reported Helio as a drag on its finances, has no plans to further fund its MVNO offspring, it said. […]

kajeet Raises $36.8M

Finally, some good news in an MVNO market shaken by failures (Ampd Mobile, most recently) and dire analyst predictions. Tween-focused kajeet, launched six months ago on the Sprint Nextel network, announced today that it has secured $36.8 million in Series B venture capital funding. Draper Fisher Jurvetson Growth Fund (DFJ Growth Fund) led the financing, […]

IPtimize to Acquire WTI

Denver-based IPtimize Inc. plans to buy CLEC WTI LLC in a move it expects will boost revenue and subscriber counts. Terms of the deal were not disclosed, even though IPtimize is a publicly traded company. However, it trades on the Pink Sheets market, a system comprised of companies that dont have to meet any listings […]

Federal Lawmakers Introduce USF Reform Act

Congressional Reps. Rick Boucher, D-Va., and Lee Terry, R-Neb., have introduced a bill to reform the Universal Service Fund (USF). Boucher and Terry on Thursday released the text of their bill, the Universal Service Reform Act of 2007. They are members of the House Energy and Commerce Committee, which oversees telecom. The bill proposes to […]

ROUND TABLE

… On the Universal Service Fund at a Senate Commerce Committee hearing in March and changes the federal government should consider The USF must be configured like a pyramid: it must have a broad and stable base of contributions at the bottom, and a narrow but sufficient distribution of support at the top. Issues related […]

Dialogic Forms Partner Program

Dialogic Corp. announced its new partner program at the Internet Telephony Conference and Expo. The Dialogic Partner Program is designed to help customers capture revenue opportunities, shorten time-to-market and expand within market segments, the company said. The program will provide companies with opportunities to manage their marketing efforts more effectively, build brand awareness, align their […]

NOT NECESSARILY NEWS

Seeing RED, Fighting AIDS Motorola Inc. and Sprint Nextel Corp. have developed a new wireless phone to help raise money for The Global Fund, a public-private partnership formed to fight AIDS in Africa, particularly as the disease affects women and children. Founded by U2s Bono and John F. Kennedys nephew, Bobby Shriver, the Product RED […]

ROUND TABLE

… On the FCCs interim measure requiring VoIP providers to pay into the Universal Service Fund once DSL providers stop contributing in August … These interim measures … ensure that the fund remains solvent for the near term, and serve as an important first step toward broadening the funds contribution base to ensure equitable and […]

FCC Revamps USF Contribution Base to Include VoIP

As expected, the FCC on Wednesday changed the way it gathers contributions to the Universal Service Fund (USF). Interconnected VoIP providers now must contribute and wireless providers will pay more. The FCC with a full complement of commissioners after more than a year was under pressure to add contributors to the USF requirements because, in […]

USF Bills Call for VoIP Players to Ante Up

THE UNIVERSAL SERVICE FUND (USF), while still at billions of dollars, is dwindling, due to a decreasing number of contributors, and, in the interest of sustaining the fund, many in the telecom industry want IP operators to ante up. One House bill and one Senate bill call for this change directly, but the outcome of […]

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