Vonage Wins Permanent Stay, Prepares for June 25 Hearing

Vonage Holdings Corp. is breathing a sigh of relief today as a federal appeals court said the embattled IP telephony provider may continue adding new subscribers. This was perhaps the best news Vonage has received in a while, and its stocks rose 38.4 percent in response, reaching $4 per share. Vonage in early March lost […]

Vonage Names New CEO, Prepares IPO

A day after it filed documents with the Securities and Exchange Commission to introduce an IPO, Vonage Holdings Corp. on Thursday announced it has named a new CEO. Vonage hired Michael Snyder, who comes to the company from ADT Security Services Inc., where he served as president from 1997 to 2006. He will begin work […]

PowerNet Global Prepares Wholesale Voice Termination

PowerNet Global Communications (Booth 205), an integrated communications provider, is preparing to extend its on-net capabilities to provide wholesale voice termination services. Routing over its Aleron OC48 nationwide backbone with Veraz Networks softswitch equipment, the solution will provide voice termination in a variety of protocols. The service is targeted at ILECs, CLECs, voice aggregators, prepaid […]

Business News – General Bandwidth Prepares to Take On Voice Over All Broadband

Posted: 04/2000 General Bandwidth Prepares to Take On Voice Over All Broadband Peter Lambert LECs, cable operators and broadband wireless operators are poised to undercut the economics of local telephony access, and startup vendor General Bandwidth Inc. says it can supply a single gateway solution for them.Launched on Valentine’s Day by former NetSpeed Inc. executives–a […]

Business News – IXC Prepares for CBI Merger

Posted: 11/1999 IXC Prepares for CBI Merger By Ken Branson Used-to-bad-news IXC Communications Inc., Austin, Texas, is turning around as it prepares to be acquired by Cincinnati Bell Inc. (CBI), Cincinnati, in the fourth quarter. In the wake of the news of CBI’s intention to acquire IXC in a $3.2 billion stock swap, a river […]

Major Carriers Ready as Internet Telephony Prepares to Soar

Posted: 10/1997 Major Carriers Ready as Internet Telephony Prepares to Soar By Gary Kim Only a small portion of today’s $71.2 billion of domestic U.S. long distance phone calls are made using Internet Protocol (IP) software. Quality and ease of use are clear problems, so far. So most observers don’t think IP-based telephony will be […]

The ID is: 75951