subsidiary

 

IPeerX, TelEvolution Complete Agreement

IPeerX Inc., a subsidiary of Pulver.com Enterprises, today at VON said it has completed a VoIP interconnection and peering agreement with TelEvolution, developer of PhoneGnome the plug-and-play appliance that adds free Internet calling and advanced VoIP features to existing telephone service. The agreement expands PhoneGnome’s free calling beyond other PhoneGnome users to an additional 4 […]

IDT Completes Net2Phone Acquisition

IDT Corp.s shares were down 11 cents at $10.90 Tuesday mid-morning after the company announced its subsidiary, NTOP Acquisition Inc., has merged with Net2Phone Inc. The $28 million deal, announced in February, makes Net2Phone, a VoIP enabler for service providers, a wholly owned subsidiary of IDT, as well as a private company. Net2Phone used to […]

Telstra Names Morawski President

Telstra Inc., the U.S. subsidiary of Australian-based carrier, Telstra Corp. Ltd., this week appointed Andrew Morawski as its new president. Morawski previously served as senior vice president of sales and marketing for North and South America, and has worked in telecommunications for more than 14 years. Mr. Morawski’s capabilities as a leader and his expertise […]

PAETEC Completes $125 Million Credit Facility

PAETEC Corp. has signed a $125 million amendment to its existing senior secured credit facility, with an extended term to January 2010. PAETEC will re-invest in numerous growth initiatives that will continue to complement our already strong product offerings, said CFO Keith Wilson. PAETEC, through its service provider subsidiary PAETEC Communications Inc., expanded service to […]

IDT to Buy Net2Phone for $28 Million

IDT Corp., a New Jersey-based CLEC, said today 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. Meanwhile, Net2Phones common stock will be […]

Mpower Cuts Two Executives from Payroll

Facilities-based provider Mpower Communications Corp. has shaken up and consolidated its senior management team, indicating only in a press release that it needed to streamline operations to reduce costs, increase productivity and enhance shareholder value, said Rolla P. Huff, chairman and CEO of Mpower Communications, in a prepared statement. Mpower did not immediately return calls […]

WealthTV Channel Added to IPTVComplete

WealthTV, a high-definition lifestyle and entertainment network, today announced at TELECOM 05 that it has signed an affiliation agreement with Eagle Broadband to add the channel to the IPTVComplete lineup. IPTBComplete is the turnkey video platform for service providers offered by Eagle Broadband and France Telecom subsidiary GlobeCast. Eagle Broadband will offer WealthTV in digital […]

Kajima Construction Services National Headquarters Moves to Atlanta

Kajima Construction Services (Booth 1051) has relocated its national headquarters to Atlanta from Rochelle Park, N.J. The move adds executive management and design/engineering assets to the companys central region and national marketing departments center of operations already in Atlanta. KCS expects to gain greater efficiency and better serve its national clients by combining operations in […]

Nortel Announces New President, CEO

Nortel Networks Corp. today announced its board of directors has appointed a new president and CEO, since Bill Owens is leaving the company. Mike S. Zafirovski, 51, will take over on Nov. 15 and also will serve as president and CEO of Nortel Networks Ltd., the companys principal operating subsidiary. He further will be a […]

Broadwing COO Resigns

Broadwing Communications LLC COO John McLeod has resigned effective Nov. 6, 2005. “Broadwing’s network and operations functions are in a very strong position, a fact that was never more evident to me than when I witnessed the flawless performance of Broadwing’s employees and network during and after the recent devastating hurricanes,” McLeod said in a […]

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The ID is: 74629