Level 3 Completes ICG Acquisition

Level 3 Communications Inc. on Wednesday completed its acquisition of ICG Communications Inc., a privately held Colorado-based telecommunications company. Level 3 paid approximately 26 million unregistered shares of its common stock and approximately $45 million in cash. The provider paid $9 million more in cash than it initially expected because ICGs working capital had improved […]

Cingular Seeks toBuy NextWave Licenses

Posted: 10/2003 Cingular Seeks to Buy NextWave Licenses By Josh Long Cingular Wireless, the second largest U.S. wireless carrier, has agreed to pay would-be carriers carrier NextWave Telecom Inc. $1.4 billion for spectrum licenses to provide service in 34 markets. Atlanta-based Cingular says the licenses primarily cover territories where the wireless carrier provides voice and […]

RESELLER CHANNEL: NUI Telecom Snaps Up 3 More Resellers

Posted: 11/2002 NUI Telecom Snaps Up 3 More Resellers By Khali Henderson NUI Telecom, the telecom unit of energy company NUI Corp., is snapping up the assets of three more resellers as part of its rollup strategy. The most recent deals have been with Norcom Inc., Worldnet which is based in Queens, N.Y., and runs […]

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