mcleodusa

 

COMPTEL: Chesonis Outlines M&A Lessons Learned for Fellow CLECs

After 11 mergers in 9.5 years, PAETEC knows a little something about what makes M&A successful. First and foremost, its about the people. Thats the message PAETEC CEO Arunas Chesonis shared during Mondays keynote speech at the COMPTEL PLUS Convention & Expo in Nashville, Tenn. PAETEC just wrapped up its latest major acquisition, that of […]

PAETEC Closes McLeodUSA Deal

PAETEC on Friday closed its $557 million acquisition of privately held McLeodUSA Inc. The deal was announced nearly five months ago, on Sept. 17, 2007. It creates the first coast-to-coast CLEC; its size and revenue surpasses that of XO Communications, Level 3 Communications Inc. and Time Warner Telecom. PAETEC said the combined company should generate […]

FCC Signs Off on PAETEC-McLeodUSA Combo

The FCC has approved the $557 million merger of PAETEC and McLeodUSA Inc., the companies said Tuesday. The Federal Trade Commission already has given the deal its blessing, so the PAETEC and McLeodUSA now are waiting for final regulatory approvals. PAETEC and McLeodUSA announced their merger on Sept. 17. The transaction should close in the […]

PAETEC Buys Allworx on Heels of McLeodUSA Deal

About a month after announcing the acquisition of McLeodUSA Inc., PAETEC Holding Corp. said it also will buy equipment maker Allworx Corp. PAETEC will pay $25 million in cash. Allworx will become a PAETEC subsidiary. SMBs make up a large part of McLeodUSAs customer base. PAETEC is more accustomed to selling to enterprises. By adding […]

Learning the ABCs of SIP Trunking

SIP is the new PRI opportunity or threat, says Brad Bono, founder and CEO of Magellan Hill Technologies LLC and a panelist for todays session, ABCs of SIP Trunking. Daniel Lonstein, COO of AireSpring, and Chris MacFarland, CTO and group vice president of McLeodUSA, will join Bono on this panel to explore the ins and […]

Qwest Again Pushes for Forbearance; CLECs Ask FCC for Rules

Qwest Communications International Inc. this week re-filed its controversial forbearance request for relief from last-mile broadband connection rules. The filing came nearly a week after Qwest withdrew its original petition because the FCC couldnt reach a consensus on the matter during its monthly meeting. Qwest submitted its new request a day after a group of […]

Agents See Strong Bell Rival in PAETEC-McLeod Pairing

PAETEC Holding Corp.s purchase of McLeodUSA Inc. appears to hold a number of benefits for agents, not the least of which is a footprint that creates a strong CLEC rival to the Bell system. But as with any merger, some challenges await. Agent and analyst reaction so far indicates PAETEC likely will encounter problems with […]

PAETEC to Grow Yet Larger Through McLeodUSA Deal

Folks thought something was awry when McLeodUSA Inc.s silent period leading to what wouldve been its second IPO dragged on for months. Then news came today that the privately-owned CLEC is to be bought by PAETEC Holding Corp. in an all-stock merger worth $557 million. The deal, which consists of $492 million in PAETEC common […]

Channel Partners, McLeodUSA Host Official Show Party at Trendy NYC Club

Channel Partners Conference & Expo and McLeodUSA are pleased to announce the official Channel Partners Expo party at Lotus, one of the top 5 five New York City hot spots as ranked by Zagat 2006. The party will be the featured networking event for the three-day Channel Partners Conference & Expo, which will be held […]

McLeodUSA Again Files for IPO

McLeodUSA Inc. plans to once again go public. The CLEC on March 22 filed to sell stock worth up to $172.5 million. The company deregistered from the Nasdaq about a year ago, after its second bankruptcy. Now it proposes to trade on the Nasdaq Global Market under the new ticker symbol MUSA. The previous symbol […]

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