MetroPCS Plans to Secure $1.5B Loan
The funding could enable the company to continue to grow its customer base through the acquisition of spectrum.
The funding could enable the company to continue to grow its customer base through the acquisition of spectrum.
The company ended the fourth quarter with roughly 4.4 million subscribers, most of whom are wholesale customers through Clearwire’s relationships with Comcast, Sprint Nextel and Time Warner Cable.
Airband Communications Inc. has announced its new $3 million round of funding will be used to build out its fixed-wireless network to keep pace with growing demand from customers across all Airband markets. Airband reports demand is coming from both the SMBs who need broadband access in the 3mbps to 20mbps range, as well as […]
TEM provider Rivermine announced it has received $5 million in funding led by SoftBank Capital, with participation from existing investors Valhalla Partners, Longworth Venture Partners and Columbia Capital. The funding round comes on the heels of a record 110 percent year-to-year sales increase in 2008. This is the third consecutive year of record growth with […]
Hosted IP telephony provider Ifbyphone said Tuesday it has secured $4.6 million in a second round of institutional funding from five venture capital firms. “We view this new round of funding as a strong endorsement of our growth and expansion strategy,” said Ifbyphone founder and CEO Irv Shapiro. “It positions us extremely well to continue […]
Accedian Networks Inc. (Booth 412), a provider of network performance assurance solutions for Ethernet service providers, announced it has received $7.5 million in a series B round of funding. The new capital is in addition to a $4 million series A round financing received by the Canada-based company in spring 2006. Initial investors Skypoint Capital […]
Westcon Group Inc. said Wednesday its Voda One business practice has teamed with Avaya Financial Services to deliver additional funding capabilities to its customer reseller base. Voda One resellers can use the enhanced Advanced Funding program to receive capital funding upfront upon delivery of the equipment to the end user customer. This helps the reseller […]
Fishing for Finance After some slow years, private money again is fueling the communications sector. Its a breeze for the big-name companies to score funding, yet not so simple for lesser-known providers or resellers. Plus, if you dont want more than $10 million, major investment banks and venture capitalists wont even look at you. So […]
Bringing together telcos seeking funding and the capital markets firms that have it can be a daunting task. The undertaking becomes far lighter lifting when you have a major carrier trade association aboard. xchange magazine, the creator and producer of Capital 2.0: Funding the Telco Future, has partnered with COMPTEL, whose membership includes a long […]
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 […]
.@CatoNetworks and @symantec made the news this week. So did @ATTBusiness. goo.gl/fb/yPWRMa
February 15 2019 @ 20:08:03 UTC
How does #mobility advance your business objectives? @PanasonicUSA goo.gl/fb/x3oxTu
February 15 2019 @ 18:25:56 UTC
.@broadvoice hires new #channelmanagers for Midwest, Northeast. #UC goo.gl/fb/jXU2cY
February 15 2019 @ 17:16:24 UTC
.@MicroCorp is targeting the "exploding" Southwest partner scene. goo.gl/fb/VFWJ6k
February 15 2019 @ 14:45:26 UTC
.@CenturyLink maintains top spot on latest year-end U.S. carrier #Ethernet leaderboard. goo.gl/fb/zauo3w
February 15 2019 @ 14:45:26 UTC
.@TPxComm channel chief provides details on company going public. #UCaaS goo.gl/fb/813iYt
February 14 2019 @ 22:49:19 UTC
.@prestotech and three other partners earned "platinum elite" status with AT&T Alliance Channel. goo.gl/fb/Sm4fma
February 14 2019 @ 21:57:49 UTC
.@DataBank_Ltd hires @Rackspace exec to lead its channel. #datacenter goo.gl/fb/FVK45U
February 14 2019 @ 21:57:48 UTC