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Lipman to Help CEOs Strategize Policy Initiatives

CEOs need to stay on top of ever-changing technology, regulatory and marketing conditions. To that end, COMPTEL is hosting a timely panel for competitive telecom executives, led by long-time telecom lawyer Andy Lipman, a partner at Bingham McCutchen LLP. Telecom is such a changing kaleidoscope of issues that its a good time to address certain […]

RCN to Buy NEON for $260 Million

Virginia-based RCN Corp. said on Monday it will buy NEON Communications Group for up to $5.25 per share in a deal totaling approximately $260 million. Both companies boards have approved the acquisition, which should close in the fourth quarter. RCN is one of several CLECs that offers video services, along with voice and data. It […]

John J. Namovic

When Deloitte Consulting LLPs John J. Namovic has a moment to spare, he heads for open water. John has been sailing for seven years, has attained multiple certifications, and takes his boat, Knot-a-Clew, out whenever he gets the chance. John describes this pastime as a multisensory experience. It requires the sight of whats happening, the […]

Brightpoint to Acquire Dangaard Telecom

Mobile phone distributor Brightpoint Inc. said Tuesday it will buy Denmark-based Dangaard Telecom. Brightpoint will issue 30 million shares of its stock and $100,000 for exchange of all shares of Dangaard, which is a privately held portfolio company of Nordic Capital Fund VI and said it is the largest distributor of cell phones and accessories […]

Democratic Control Promising for Telecom Issues

WITH THE DEMOCRATS IN POWER, telecom insiders predict privacy, net neutrality and FCC proceedings will get more scrutiny from legislators than they did in 2006. Of course, thats if the 110th Congress is even able to address communications matters. The Center for American Progress, a think tank in Washington, D.C., says Republicans have left incoming […]

Choice One, CTC, Conversent Wrap Up Group Merger

Choice One Communications, CTC Communications and Conversent Communications this week completed their group merger in a move that will create the largest privately held CLEC in the United States. The new company will go by the name One Communications as of July 24, and will serve businesses in 16 states within the Northeast, Mid-Atlantic and […]

Level 3 Plunks Down $165 Million for Looking Glass

Less than a week after closing its acquisition of ICG Communications, Level 3 Communications Inc. on Monday said it will continue its buying spree by paying $165 million for Looking Glass Networks Inc. The deal is expected to be wrapped up in the third quarter. Level 3 will pay total consideration to Looking Glass’ security […]

TelePacific to Buy Mpower for $204 Million

California-based CLEC TelePacific Communications is buying Mpower Communications Corp. TelePacific, which is privately held, will pay approximately $204 million, or $1.92 in cash, per Mpower share. The deal will be financed by Credit Suisse and Bank of America, and is expected to close in the third quarter. TelePacific traditionally has served California and the Las […]

CTC, Choice One to Buy Conversent

Mirroring the overall industry penchant for consolidation, CTC Communications and Choice One Communications two CLECs that have yet to complete their own merger said today they will jointly acquire Conversent Communications Inc. The move creates an even stronger competitor to the incumbent local exchange carriers like Verizon and AT&T, explained Ray Allieri, president and CEO […]

Bingham, Swidler Berlin Merger Finalized

Bingham McCutchen LLP, a national law firm with 11 offices worldwide, and Washington, D.C.-based Swidler Berlin, have finalized their merger a month earlier than expected. The merger, which was announced on December 8, 2005, results in a 950-lawyer firm with annual revenue of more than $700 million. The combined firm will use the Bingham McCutchen […]

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