subsidiary

 

ESPN Hangs Up on Mobile Venture

ESPN is closing down its much-advertised, sports-themed MVNO, it announced today. The Walt Disney Co. subsidiary said it would instead pursue licensing deals for its content with other cellular operators. The MVNO launched less than a year ago to much fanfare, but failed to sign up the numbers of subscribers needed to achieve ROI no […]

BSG Buys VoiceLog

BSG Clearing Solutions North America LLC late last week closed on its $15.6 million purchase of third-party verification provider VoiceLog LLC. The companies made the announcement on Monday. VoiceLog founder Larry Leikin and his 30 employees now work for BSG, which specializes in clearing and settlement, as well as payment and financial risk management solutions […]

BSG Names Two New Execs

Billing Services Group Ltd. (BSG) said on Monday it has named two new executives, one in Europe and one in North America. Chris Rees joins the company as general manager of convergence and will be working from BSGs London office. He is tasked with opening new market opportunities. Rees has worked in IT and communications […]

Covad Deploys High-Speed Wireless Ethernet

Covad Communications Group Inc. is deploying higher-speed wireless Ethernet services thanks to a partnership with Nextlink Wireless Inc., which is the largest holder of 28-31GHz Local Multipoint Distribution System (LMDS) wireless spectrum in the country. Covad now will be able to include access speeds up to 25mbps per subscriber location, although initially just in the […]

NextWeb to Resell First Avenues Services

NextWeb Inc., Californias largest fixed-wireless ISP for businesses, has signed on to resell First Avenue Networks Inc.s wireless services. NextWeb said the deal will allow it to reach underserved areas of the metropolitan wireless and Ethernet markets, particularly in Los Angeles, Las Vegas and the San Francisco Bay Area. “As a carrier’s carrier, creating reseller […]

Brightpoint to Supply ACG Members With Phones, Services

Brightpoint North America L.P., a subsidiary of mobile phone distributor Brightpoint Inc., has agreed to sell wireless communication products to participating members of the Associated Carrier Group LLC (ACG). ACG is a group of independent tier two and three CDMA carriers that works with consumers, manufacturers and vendors. The companies agreement calls for Brightpoint to […]

News Briefs

IDT Corp. said it will buy wholesale VoIP provider Net2Phone Inc. for approximately $28.1 million and turn it into a privately held, wholly owned subsidiary. If all goes as planned, IDTs subsidiary, NTOP Acquisition Inc., will merge with Net2Phone, and keep the Net2Phone name. Progress Telecom LLC now offers customers the ability to bundle current […]

Broadwing Announces Fiber-Based, Real-Time Media Multicast Solution

Broadwing Communications LLC, a consolidated subsidiary of Broadwing Corp., today announced the availability of North America’s largest fiber-based, real-time media multicast solution that allows media and broadcasting outlets to more efficiently and cost-effectively distribute media content to multiple locations. The service is available from any of Broadwing’s 180-plus network PoPs. Managed by Broadwing’s Television Operations […]

Level 3 Completes Progress Telecom Acquisition

Level 3 Communications Inc. said today it has completed the approximately $137 million acquisition of Progress Telecom LLC, a wholesale network services company based in St. Petersburg, Fla. Level 3 paid total consideration of 19,695,793 unregistered shares of its common stock and $68.5 million in cash. The purchase price remains subject to adjustment for the […]

FPL FiberNet Showcases New Subsidiary, ENUM Offering

FPL FiberNet (Booth 1221) this week showcased sister company FiberNet Telecom Group Inc.s Availius subsidiary and Phonomenum offering at COMPTEL PLUS. With a diverse portfolio of services for network operators and data facility user, Availius custom designs, implements and manages network, infrastructure and business solutions to solve critical business issues. Phonomenum, launched last October, is […]

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