WilTel

 

Energy + Telecom: A Good Match

Those in the know say that parallels between the energy and telecom businesses make energy sales a good and profitable fit for channel members.

Intelliverse Mourns Raveills Passing

Paul Raveill, vice president of wholesale services at Intelliverse, died Dec. 23. He was 49. Intelliverse said Raveill had been suffering for the past year from Sarcoidosis, a multiorgan disease, which attacks the organs when granulomas (masses of inflamed tissue or lumps) form and cause an abnormality. Because of the type of person Paul was, […]

Roy A. Wilkens

THEN: Roy A. Wilkens was president of Williams Telecommunications Co. (WilTel) in 1987 and was beginning to be vindicated for his gutsy decision — as president of Williams Pipeline Co. — to use the company’s gas rights of way for fiber-optic telecommunications. The company would do a brisk business in wholesale capacity and would be […]

Level 3 Expands Wholesale VoIP Services

Level 3 Communications Inc. now offers an expanded portfolio of wholesale voice services, thanks to its WilTel acquisition, the company said today at VON. The addition of WilTel’s Feature Group D traditional voice network gives customers access to nationwide toll-free services, end-to-end switched services and expanded international termination capabilities, Level 3 said. The expansion also […]

Level 3 Rollup Strategy Making Progress

THE WHOLESALE MARKET IS in flux, illustrated by yet another strategic acquisition that narrows the field of carriers carriers. Level 3 Communications Inc. announced in late January it will buy up yet another wholesaler, Progress Telecom LLC, based in St. Petersburg, Fla. Level 3 WilTel, and Progress U.S. Networks Click to Enlarge Level 3 will […]

Level 3 to Buy Progress Telecom for $137 Million

In another strategic acquisition that narrows the wholesale field, Level 3 Communications Inc. said today it is buying Progress Telecom LLC, a wholesale network services company based in St. Petersburg, Fla., although it has agreed not to touch certain parts of the companys wireless assets. Progress Telecom is jointly owned by Progress Energy Inc. and […]

Yankee Group: Wholesale Buyers Look for Differentiation

When it comes to quality among wholesale service providers, Sprint Corp. and BellSouth Corp lead the pack, according to new research from Yankee Group. The firm polled more than 140 wholesale buyers, ranging from RBOCs and ILECs to IXCs, CLECs, resellers and integrators for its report, Yankee Group 2005 U.S. Wholesale Data Services Survey. Wholesale […]

Level 3 Completes Acquisition of WilTel

Level 3 Communications Inc. said today it has completed its acquisition of WilTel Communications Group LLC. The wholesaler paid Leucadia National Corp., WilTels parent company, 115 million shares of Level 3 common stock and $386 million in cash. The deal between the two former rivals was announced in late October and was expected to close […]

Long-Haul Wholesale Field Narrows

The Level 3 Communications Inc. merger with WilTel Communications Group LLC mirrors the industrywide predilection for consolidation, and analysts predict it will help the former rivals land customers neither could get flying solo and, perhaps more importantly, inspire more stable pricing in the wholesale market. It also may mean Level 3 will stay true to […]

Level 3 to Buy WilTel for $680 Million

Level 3 Communications Inc. said today it plans to acquire wholesale carrier WilTel Communications Group LLC, part of Leucadia National Corp. Level 3 will pay $370 million plus 115 million shares, which, based on Fridays closing price of $2.70, comes out to about $310.5 million. Level 3 maintains the right to substitute cash for stock. […]

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