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Avaya Inks Merger Agreement With Private Firms

Rumors were laid to rest late Monday as Avaya Inc. announced it has accepted a private equity buyout deal worth about $8.2 billion. The buyers Silver Lake LP and TPG Inc. will pay $17.50 per share for the Basking Ridge, N.J., equipment maker. Investors said their firms looked to Avaya in part for its leadership […]

Samsung BCS Inks Distribution Agreement With Graybar

Samsung Business Communication Systems (BCS) has signed a distribution agreement with Graybar. Graybar is a national distributor of components, equipment and materials for the electrical and telecommunications industries. Samsung BCS said the deal will make it easier for dealers to source the companys products. In addition, Graybar Financial Services will provide financing and leasing options […]

DecisionOne Inks Nationwide VoIP Support Deals

DecisionOne, a support services firm for IT, announced this week at the Internet Telephony Conference and Expo in Ft. Lauderdale, Fla., agreements with Pandora Networks and FacetCorp to use DecisionOne’s Desktop to DialTone service to install and support VoIP deployments, particularly those for customers with multiple locations. DecisionOne will support deployments of Pandora Networks’ WorkSmart […]

BellSouth Inks Internetworking Deal with Sprint

BellSouth Corp., the nations third-largest local phone company, said yesterday it has signed an internetworking agreement with Sprint Nextel Corp. The deal enables connectivity for BellSouths IP data customers; BellSouth expects to launch that service in the first quarter of 2006. BellSouth will use its private IP backbone in the southeastern United States and interconnect […]

Pac-West Inks Deal to Acquire Sentient Group

Pac-West Telecomm Inc. (Booth 215) announced an agreement last month to acquire the assets of Sentient Group Inc., a provider of hosted managed voice and data services. Pac-West expected the agreement to close within 30 days. In December, Pac-West announced signing a joint operating agreement with Sentient in a deal Pac-West President and CEO Hank […]

Business News – Covista Communications Inks Agreement to Acquire Capsule

Posted: 09/2001 Business News Covista Communications Inks Agreement to Acquire Capsule By Josh Long In a merger valued at nearly $12.58 million, Little Falls, N.J.-based Covista Communications Inc. has inked an agreement to acquire Capsule Communications, gaining a larger footprint in the commercial sector in the Northeast. The acquisition, which is subject to shareholder and […]

Business News – US Data Inks $33M Contract

Posted: 07/2001 Business News US Data Inks $33M ContractUS Data Authority Inc. (USDA, www.usda.net), a network infrastructure company that focuses on content delivery, online data storage and high-speed bandwidth connectivity, has signed a $33 million dollar contract with Hitachi Systems (www.hitachi-system.co.jp) to expedite delivery of data storage hardware and support to launch a national Internet […]

PointOne Inks Marketing Contract with VarTec

Posted: 01/2000 PointOne Inks Marketing Contract with VarTec PointOne Telecommunications (www.point-one.net), an emerging data and long distance carrier, has announced a strategic alliance to develop markets for services with VarTec Telecom Inc. (www.VarTec.com), a long distance service provider. The companies plan to work together to market, distribute and support network management, and deliver services throughout […]

FaciliCom Inks Global Operating Agreement

Posted: 10/1997 FaciliCom Inks Global Operating Agreement WASHINGTON–FaciliCom International (FCI) has concluded an operating agreement with the Compania Anonima Nacional de Telefonos de Venezuela, Venezuela’s leading carrier. The agreement establishes direct channels between the Venezuelan operator’s international switching points and FCI’s facilities in the United States. The two companies also agreed to explore other joint […]

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