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VoIP Inc. Buys Caerus, Subsidiaries

Wholesaler VoIP Inc. has completed its acquisition of Caerus Inc. and that companys wholly owned subsidiaries, Volo Communications Inc., Caerus Networks Inc and Caerus Billing Inc. The deal is valued at $30 million. VoIP Inc. says it will keep the Caerus companies operating under their existing names. Volo is a facilities-based carriers carrier. Caerus Networks […]

Qwest Slams AT&T-SBC Merger

Qwest Communications International Inc., the regional phone company seeking to acquire MCI Inc., is opposing the planned $16 billion merger of AT&T Corp. and SBC Communications Inc. Denver-based Qwest claims the AT&T-SBC combination would hurt retail and wholesale customers by driving up prices, reducing service quality, and resulting in less choice and innovation. Qwest also […]

Former WorldCom Chief Awaits Sentence

Bernard Ebbers, the former chief executive of WorldCom, symbolized an era of corporate malfeasance that drove some of the world’s largest and most venerated companies into ruin. Convicted by a jury last month of spearheading an $11 billion accounting fraud that led to the biggest bankruptcy in U.S. history, the 63-year-old Ebbers could spend the […]

X4 Named Top Master Agent in Chicago for 3 Providers

Chicago-based X4 Communications LLC (Booth 122) says it has been named a top master agent for three providers Mpower Communications Inc. (Booth 301), CIMCO Communications Inc. and GlobalCom Inc. operating in The Windy City. X4 is the year-old merger of three master agencies UteleSys, Communications Industries and Telelink Communications. Mpower Communications, a super regional CLEC […]

Regional Bells Ink Wholesale Deals Opening Voice Network to Rivals

BellSouth Corp., the third largest local phone company, on Friday announced signing 100 commercial agreements that govern the terms under which rivals can access its voice network. The commercial agreements replace government-mandated arrangements that expired today under FCC regulations. Atlanta-based BellSouth said the agreements covered approximately 530,000 access lines in its nine-state territory. The FCC […]

T-Mobile USA Ranks in Customer Care

The results of the 2004 Customer Care Performance Study released by J.D. Power and Associates ranks T-Mobile USA (Booth 303) highest among national carriers, by a significant margin. T-Mobile says their high ranking is because they give their customers more minutes, more features and more service. The 2004 J.D. Power and Associates Customer Care Performance […]

UshaComm Deploys at Lattelekom

UshaComm announced at the Latvias largest service provider, Lattelekom, has deployed its Unicorn billing platform and Medusa mediation solution. Lattelekom was formed in 1994 and is co-owned by the Republic of Latvia and TeliaSonera.

A Price Too High

Posted: 12/2003 A Price Too High BellSouth Corp. and AT&T Corp. merger talks broke down in late October because BellSouth said the $19 billion price tag for the long-distance giant was too high. I have to admit I breathed a sigh of relief on this one. I thought the price was too high, too, but […]

SECRET AGENT MEN

Posted: 12/2003 SECRET AGENT MEN By Khali Henderson Fionda LLC could possibly be the largest master agency you never heard of. After six years and becoming MCIs largest agent, the firm is stepping out from behind the shadows of its marquee downline Herbalife, PETA and other huge MLM and affinity groups. In mid-October, the company […]

WorldCom’s Yates Pleads Guilty in Accounting Scandal

Buford Yates Jr. on Monday became the second WorldCom Inc. executive to admit participation in one of the largest accounting frauds in U.S. history. Yates, WorldCom’s former director of general accounting, pleaded guilty to one count of conspiracy and one count of securities fraud before a U.S. Magistrate judge in Manhattan. Yates could be sentenced […]

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