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News Briefs

Private equity firm Warburg Pincus will invest at least $245 million to obtain a substantial equity interest in Integra Telecom Inc. The proceeds from the transaction will be paid to existing Integra investors in exchange for outstanding shares. Integra Telecom will continue to operate as a privately held company and will not raise any primary […]

On the Level

Kevin O’HaraPhoto by Susan Goddard Level 3 Communications Inc. has been in the spotlight lately because of its two-year acquisition spree a roll-up strategy that is an integration challenge that can confound the best of operations. On top of that, the company has acquired its way into the enterprise business, making its wholesale-only approach a […]

Lawsuit Has Little Impact on ShoreTel IPO

ShoreTel Inc.s ongoing legal tiff with rival Mitel Networks Corp. doesnt seem to have impacted its initial public offering (IPO). ShoreTel got $86.3 million from its debut July 9 and has since traded at prices between $9.80 and $15.01. The legal wrangling began just before ShoreTel embarked on its IPO. On June 27, Mitel slapped […]

TelePacific to Surpass 1 Million Installed Lines

L.A.-based U.S. TelePacific Communications (Booth 205) said it soon expects to surpass the 1 million mark in access line equivalents. TelePacific has been able to achieve this landmark with the help of its agent channel, said Justin Chris-Tensen, vice president of the agent channel. The Telepartners contribute more than 40 percent to the companys growth. […]

An Open Letter to FCC Chairman Kevin Martin

By Herb Levitin, president of GoConference and FreeGoConference Chairman Martin, Time is really running out. For the last 12 months we have been trying the correct and legal way to remedy AT&Ts self help action in stopping the settlement payments to our free conferencing companies. We have spent a lot of time and money with […]

EarthLink will not Further Fund Helio

Glitz-and-glamour MVNO Helio LLC will receive up to $270 million in fresh capital from parent company SK Telecom, it was reported today. But the Korean giant will fly solo; Helios other parent, EarthLink Inc., which previously reported Helio as a drag on its finances, has no plans to further fund its MVNO offspring, it said. […]

VoIP Inc. Expands National Network Infrastructure

VoIP Inc., a leading provider of turnkey VoIP communications solutions for service providers, resellers and consumers worldwide, announced that it has doubled the size of its existing national network infrastructure to accommodate additional customers and increased traffic. In addition, this expansion includes the further build out of the company’s own facilities, which replace and expand […]

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 […]

Gartner: Worldwide Communications-as-a-Service Revenue to Total $252 Million in 2007

The market for communications as a service (CaaS) has started relatively slowly as providers determine how to define, package and market service as a value-added Internet protocol (IP) telephony offering, according to Gartner, Inc. Worldwide CaaS is projected to total $251.9 million in 2007, a 37.6 percent increase from last year. The market is expected […]

Gigabit Gold

Gigabit Gold Michael Murphy has been an agent for about four years. His company, NEF (originally New England Fiber), is a small shop of five people, but it recently eclipsed $1 million per month in contracted revenue all of it from big bandwidth sales. Its definitely not the easiest road, but for us, we are […]

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