funding

 

Carrier Panelists Share Strategies for Finding, Acquiring Funding

Before service providers can say show me the money, they need to understand exactly what venture capitalists and investment banks are looking for when they consider doling out funds. In the session Finance-able Service Providers: Finding and Securing Funds from Investors, panelists will discuss just what it takes to secure the public or private financing […]

FCC to Take Up Cable Franchise Rules Next Month, Chairman Says

The FCC will consider the cable franchise rules at its next meeting, which is set for Thursday, Nov. 3, according to the commissions Chairman Kevin Martin, who delivered a keynote address today at TELECOM 05. Martin, who joined the group via live satellite video, said the FCC will take up the question of whether the […]

OnFiber Secures $25 Million in Funding

OnFiber Communications Inc. has executed a $25 million senior secured credit facility with Comerica Bank, and will use the funds to repay existing senior indebtedness, and pay for acquisitions and working capital to support growth. Our customer-focused solutions continue to be very well-received, necessitating we procure capital available for rapid service deployment and additional growth, […]

TIA Creates New Member Class, Elects Motorolas Barth

The Telecommunications Industry Association (TIA) has changed its bylaws to establish a membership class for general service providers and enterprises. It was time to update our member classifications to reflect the changes in our industry and to simplify membership marketing, explains Matthew J. Flanigan, TIA president. We had always included carriers and international manufacturers in […]

Thermo Credit Signs NCIC

Thermo Credit LLC (Booth 222) announced it has entered into an agreement with NCIC Operator Services to provide up to $10 million in receivables funding. In doing so, Thermo Credit has replaced aNCIC Operator Services existing credit facility. Thermo Credit is a receivables funding company specializing in the telecom industry.

sentitO Raises $28.5M

VoIP equipment company sentitO Networks (Booth 811) recently raised $28.5 million in new funding. That includes a $19 million Series C round led by Kodiak Venture Partners and a $9.5 Series D round led by Core Capital Partners. The company, which now has raised total funding of $53.5 million, will use the new money to […]

Phone Plus Prepaid: Proposed Changes to Dial-Around Compensation, Universal Service Funding Could Impact Prepaid Providers

Posted: 3/2003 Proposed Changes to Dial-Around Compensation, Universal Service Funding Could Impact Prepaid Providers By Khali Henderson At the end of 2002, there was movement on two regulatory issues — dial-around compensation and universal service reform — that impact prepaid service providers. Unfortunately, the direction is contrary to prepaid providers’ interests, according to the International […]

Wholesale Channel – PointOne Seeks Buyer in Voluntary Bankruptcy Filing

Posted: 10/2001 Wholesale Channel PointOne Seeks Buyer in Voluntary Bankruptcy Filing By Josh Long PointOne Telecommunications Inc., an Austin, Texas-based provider of voice-over-packet services, filed for Chapter 11 protection in the U.S. Bankruptcy Court in August. The facilities-based provider of wholesale long distance voice services said the voluntary filing would give it the best opportunity […]

Business News – Smarter Telcos Getting Smart Money

Posted: 06/2001 Business News Smarter Telcos Getting Smart Money By Josh Long Despite layoffs, declines in margins, bankruptcies and other morbid news, telecommunications investors are not dormant–at least not when it comes to funding smart carriers that see opportunities in markets below the Tier 1 level.Even as telecom executives winced at the sight of poor […]

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 […]

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