Mitel announced several enhancements to its market leading solutions that drive efficiency and productivity and help small- and medium-sized businesses increase customer satisfaction and grow revenues. As the leader in the fast-growing SMB IP communications market, Mitel today announced new products that address top requirements for SMBs including simple-to-deploy messaging, audio and web conferencing, mobility solutions, and easy-to-use IP desk phones. Continue reading Mitel launches Mitel Applications Suite 1.1
Alectel-Lucent announced today that both their chairman Serge Tchuruk and their CEO Patricia Russo will be resigning later this year. CEO Russo will remain at helm until a successor is found but that will be before the end of the year, according to the company. Chariman Tchuruk will be resigning effective October 1st.
Both Russo and Tchuruk were the masterminds behind the merger of Alcatel and Lucent in 2006. While they did form a telecom giant, the merger did not produce the results investors were looking for and the stock seems to continue on a downward slope. Continue reading Alcatel-Lucent Tchuruk and Russo Resigning
Cisco, in collaboration with the Cisco Learning Institute, announced the results of a study on networking labor needs in North America. According to an IDC white paper sponsored by Cisco Learning Institute, “Networking Skills in North America: Trends, Gaps and Strategies,” there is a 60,000-person shortfall between the supply of networking talent and the market demand for highly skilled information technology (IT) workers in the workforce today. As the demand grows for IT professionals, who now represent 14 percent of the workforce, this gap is expected to continue through 2011. Continue reading Cisco study predicts Shortage of IT Professionals
Addressing growing demand for enterprise video and telepresence solutions and adding to the industry’s broadest visual communication portfolio, Polycom, Inc. (NASDAQ: PLCM) announced the Polycom Converged Management Application
XO Holdings, Inc. (OTCBB: XOHO) today announced that it has raised $780 million through the issuance of two new series of preferred stock in order to retire senior debt, fund future growth initiatives and provide ongoing working capital for the business.
XO Holdings, Inc. issued 555,000 shares of the Company’s 7% Class B Convertible Preferred Stock (“Convertible Preferred Stock”) for consideration of $555,000,000 and 225,000 shares of the Company’s 9.50% Class C Perpetual Preferred Stock (“Perpetual Preferred Stock”) for $225,000,000 to affiliates of Carl C. Icahn, the Company’s Chairman. Continue reading XO obtains new funds through preferred stock
PAETEC Integrated Solutions Group (ISG), a division of PAETEC Holding Corp. (NASDAQ GS: PAET) has been officially re-certified for Silver Certification from Cisco. To continue earning Silver Certification, PAETEC ISG had to meet rigorous standards for networking competency, service, support and customer satisfaction set forth by Cisco. Continue reading PAETEC recertified by Cisco
Mitel has risen to the top spot among the list of highest climbers in this year
TelePacific Communications, a provider of business telecommunications network solutions serving customers in Nevada and California, today announced that it has expanded its Nevada service area to include the state capital, Carson City. TelePacific now serves all major cities in Nevada. Continue reading TelePacific expands coverage in Carson City
CRN Labels Telarus Among 180 Young Lions In The High Tech Jungle That Are Eating The Lunch Of the Big Fat Cats
Telarus, Inc., premier telecom master agent and creator of ShopforT1.com, ShopforEthernet.net, and VARNetwork.com, today announced it has been selected by Everything Channel as a CRN Emerging Tech vendor. CRN’s Emerging Tech list captures companies that are delivering high margins for solution providers with innovative and easy-to-use technology that undercuts industry giants.
Telarus gives its agents a competitive advantage in the marketplace by providing its nationwide agent network with real-time quotes for One Communications business-class DSL, T1, bonded-T1, integrated T1, and Ethernet 10 MB services. Continue reading Telarus Eating The Lunch Of the Big Fat Cats