investor

 

Platinum Equity Wins Trinsic Auction

Platinum Equity LLC, an investor that buys ailing companies and then runs them, has purchased bankrupt Trinsic Inc. for $25.5 million. Platinum bought Trinsic in late March after two auctions typically, there is only one. However, the first time, Trinsic tried to sell to multilevel phone marketer American Communications Network Inc. (ACN), even though Platinum […]

Digium Poised For Major Growth Thanks to Funding Round

Asterisk creator Digium Inc. has closed its first round of venture capital funding with $13.8 million from Matrix Partners. Digium will use the money to launch new enterprise communications products. Because of the growth of the open-source market, Digium decided such funding would provide even more credibility to its IP PBX, which now counts 1 […]

Service Provider Confidence Index – Sage Gauge

Posted: 9/2004 SAGE GAUGE The Sage Research Inc. July 2004 index of service provider confidence in current conditions continued its downward slide, falling three points back into “negative” territory (below 50) for the first time since January 2004. Declines in the overall industry conditions and investor confidence subindices primarily were responsible for the overall drop. […]

Service Provider Confidence Index – Sage Gauge

The Sage Research Inc. May 2004 index edged down slightly from its March all-time high of 55, but remains in “high” territory (above 50), and is up a full 17 index points from a year ago. Modest declines in the indices for capital spending, revenue, and employment were responsible for the fall. The sub-indices of […]

Service Provider Confidence Index – Sage Gauge

Posted: 3/2004 SAGE GAUGE The Sage Research Inc. January 2004 index of service provider confidence in current conditions dipped slightly for the second period in a row. The January 2004 index of current service provider conditions fell 0.8 points from its November level, and is off 1.6 points from the September high of 47.8. The […]

Service Provider Confidence Index – Sage Gauge

Posted: 1/2004 SAGE GAUGE The Sage Research Inc. November 2003 index of service provider confidence in current conditions leveled off during November after a four-month rally. The November 2003 index was down 0.8 points from the September high of 47.8. It remains just shy of high territory (over 50), but still is up approximately 20 […]

Service Provider Confidence Index – Sage Gauge

Posted: 9/2003 SAGE GAUGE The Sage Research Inc. July 2003 index of service provider confidence in current conditions increased sharply from 35.9 to 43.6. While still officially low (less than 50), this is the highest level the index has attained since its inception in January 2002. The Service Provider Confidence Index is a tracking study […]

Wall Street to Reform Analyst Conflicts

Aiming to close one of the darkest chapters in the history of Wall Street, federal and state regulators announced a $1.4 billion settlement agreement Friday with the largest brokerage firms to penalize them for bogus ratings and separate future research from investment banking opportunities. The agreement has not been finalized and requires the approval of […]

MFN Aims to Emerge Early 2003

John Gerdelman is soliciting all the advice his peers have to offer, and there’s plenty of it to go around. The topic of conversation: how to emerge from bankruptcy. Gerdelman is the 14-year MCI executive who was brought in on 10 days notice to salvage Metromedia Fiber Network Inc. (MFN), a New York-based company that […]

Corporate Oversight Bill Passed in Wake of Telecom Crisis

The corporate oversight bill the Congress passed Thursday is certain to result in more regulation in a beleaguered industry, but it could restore investor confidence in an industry whose reputation has been sullied during the past year.

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