ventures

 

DialToneServices to Distribute MSV Products

DialToneServices has signed a three-year agreement with Mobile Satellite Ventures LP for the distribution of MSV satellite communications products and services. DTS will distribute MSV voice and push-to-talk products and services to extend communications services to uncertificated telecommunications regions areas that are presently un-served or under-served by telephone companies, the company said. DTS provides fixed […]

PPL Corp. Sells Telecom Subsidiary

PPL Corp. said Thursday it will sell PPL Telcom, its wholesale subsidiary, to Communications Infrastructure Investments (CII) for approximately $60 million. PPL said it expects net proceeds of $50 million from the transaction. The company had announced earlier this month it wanted to sell PPL Telcom so it could focus on its energy business. CII […]

Microsoft Spinoff Aims to Change Mobile Web Use

Microsoft Corp. has launched an independent company with the goal of changing the way people use the Internet with mobile devices. ZenZui will help cell phone users set a personal interface that lets them link directly to their favorite spots on the Web. The companys Zooming User Interface initially was developed by the Microsoft Research […]

MegaPath Invests in DSL.net With Option to Acquire

MegaPath Inc., a provider of VPN solutions and other managed IP services to businesses nationwide, announced it has made a strategic investment in DSL.net Inc. which will allow MegaPath to acquire substantially all of the equity of DSL.net upon receiving regulatory and shareholder approval. This acquisition, which involves additional funding from existing MegaPath investors, would […]

CTC, Choice One to Buy Conversent

Mirroring the overall industry penchant for consolidation, CTC Communications and Choice One Communications two CLECs that have yet to complete their own merger said today they will jointly acquire Conversent Communications Inc. The move creates an even stronger competitor to the incumbent local exchange carriers like Verizon and AT&T, explained Ray Allieri, president and CEO […]

News Briefs

VoIP provider deltathree Inc. has joined Level 3 Communications Inc.s Master Reseller program. The deal makes Level 3 the wholesale network carrier for the deltathree Outsourced Platform, while deltathree, as a member of the Level(3)Enabled Master Reseller program, will target Tier 2 and 3 cable operators, telephony providers, ISPs and other broadband providers as prospective […]

Aperto Networks Raises $17 Million in First Tranche of Mezzanine Round

Aperto Networks (Booth 831), a leading WiMAX systems provider, has raised $17 million in the first tranche of a Series E financing round. The funding was led by Canaan Partners and was raised from existing investors, including JK&B Capital, Alliance Ventures, Innovacom, Tyco Ventures, Labrador Ventures and Satwik Ventures. The latest round brings the companys […]

Dynegy Global Communications to Pursue Ventures

Dynegy Inc. (www.dynegy.com), the Houston-based energy merchant, has assured investors for months its telecommunications unit will get out of the red. In the meantime, Dynegy has disclosed its network isn’t worth its original value. For the second consecutive quarter, Dynegy said it would post approximately a $300 million charge to reflect a noncash writedown in […]

Business News – Four Companies Pair Off in Wireless Ventures

Posted: 05/2000 Four Companies Pair Off in Wireless Ventures BY KEN BRANSON AND STACY LANE LINKMEYER Bell Atlantic Corp. (www.bell-atl.com) and Vodafone AirTouch plc (www.vodafone.com) launched a joint wireless and paging joint venture, Verizon Wireless on April 4.One day later, BellSouth Corp. (www.bellsouth.com) and SBC Communications Inc. (www.sbc.com), said they too would come together with […]

From Apron Strings to Purse Strings – Gen-Xer Tapped by Frontier to Invest $100 Million in Startups

Posted: 05/1999 From Apron Strings to Purse Strings Gen-Xer Tapped by Frontier to Invest $100 Million in Startups By Ken Branson Vital Signs Name: Jonathan Heiliger Title: Senior Vice President, Frontier Internet Ventures Inc., Sunnyvale, Calif. www.frontierventures.com Age: 22 Hometown: Palo Alto, Calif. Education: High School Assignment: Find businesses (or ideas for businesses) that fit […]

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