Covad Shareholders Approve Platinum Takeover

Covad Communications Group Inc. stockholders have approved the companys $417 million takeover deal by Platinum Equity. An affiliate of Platinum Equity will buy all of Coads outstanding shares for the previously agreed upon price of $1.02 in cash, the companies said on Feb. 29. The FCC and two more state public utilities commissions still must […]

CLEC Poster Child Trinsic Files for Bankruptcy Protection

Struggling CLEC Trinsic Inc., the former Z-Tel Technologies Inc., has filed for Chapter 11 bankruptcy protection. The company has steadily been losing money in what CEO Trey Davis called a post-UNE-P marketplace. In its most recent financial report with the Securities and Exchange Commission in December, Trinsic reported third-quarter losses of $1.5 million, or 8 […]

New Directions for UNE-P CLECs

Z-Tel Technologies Inc. typifies the evolution of competitive local phone companies as they move to continue supporting millions of consumers and small businesses in the wake of changing federal regulations. For months, Z-Tel has been planning to deliver voice services to consumers and small businesses over high-speed networks, diminishing its reliance on the infrastructure controlled […]

High Expo Attendance a Vote for Competition

One hundred vendors exhibited at the fall 2004 CompTel/ASCENT trade show in Orlando, which was rescheduled from its original dates in mid-September following a hurricane threat to host city Miami. In an apparent vote of confidence for the association and the competitive telecom industry, attendance reached more than 2,000 by Monday despite the change of […]

News Briefs

Cometa Networks Inc., a wholesale Wi-Fi carrier that AT&T Corp., IBM Corp., Intel Corp. and financial firms Apax Partners Inc. and 3i put together to build hotspots, announced in mid-May plans to suspend operations due to “insufficient funding.” The company, founded in December 2002, raised hopes early on for the Wi-Fi arena with its plan […]

Telution Unveils Support for VoIP

Telution Inc. reveals full support for voice over IP at Billing and OSS World 2004. Z-Tel Communications was announced as a customer, which is using Telutions COMX OSS product to back its VoIP service rollout. Telution has enhanced modular order handling, service control, service assurance, revenue management and customizable business reporting within COMX to manage […]


UNE-P reseller Z-Tel Communications Inc. plans to launch broadband voice and data services based on Cisco Systems Inc. equipment. Z-Tel initially will focus on the small to medium-sized business market, multiple dwelling units such as condominiums, apartment buildings, and hotels in Georgia and Florida. Vonage Holdings Corp., the broadband phone company, recently announced a partnership […]

Is a Turnaround Near?

Posted: 3/2004 Is a Turnaround Near? Trade Association Says Industry Headed Toward Recovery By Josh Long It has been a long three years mired by scandals and bankruptcies. But it may be over. The telecommunications industry is beginning to turn around and broadband has been a catalyst, Matt Flannigan, president of the Telecommunications Industry Association […]

Z-Tel to Roll Out VoIP

Z-Tel Communications Inc. (Booth 529) has announced plans for a VoIP rollout via direct and wholesale channels. The initial offering, officially launched here at the CompTel/ASCENT Alliance Spring 2004 Convention & Expo, bundles integrated video, packet voice and data service with a shared broadband connection, for a dynamic bandwidth allocation of 1.5 megabytes. Wholesale partners […]

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