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Paetec News (NASDAQ GS: PAET)

PAETEC Acquire Cavalier

September 13, 2010 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET) today announced that it has signed a definitive merger agreement to acquire Cavalier Telephone Corporation in an all-cash $460 million transaction. Cavalier is a privately held company whose majority owner is M/C Venture Partners, a private equity firm based in Boston. The acquisition will add nearly 17,000 fiber-route miles [...]

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PAETEC Opens Andover MA Datacenter

August 19, 2010 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET) officially opened an expansive, high-tech data center today in Andover, MA, approximately 24 miles north of Boston. This new flagship center will help customers maintain their critical data, server operating applications, network, and communications assets. It also represents a major step forward for the company towards supporting cloud computing. [...]

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PAETEC Q2 2010 financial and operating results

August 5, 2010 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET) today announced second quarter 2010 financial and operating results. “Our second quarter is marked by continued expansion, from our sequential and year-over-year revenue growth, to the opening of new offices and rate centers nationally,” said Arunas A. Chesonis, chairman and CEO. “Over the last six months PAETEC has shown [...]

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PAETEC Adds New Rate Centers and Ethernet Local Loops in 19 States

July 14, 2010 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET), a FORTUNE 1000 company which provides data, voice, and Internet solutions to business-class customers nationwide, announced that is has expanded its local telephone service to 92 additional rate centers across 19 states during the first six months of 2010. The rate center expansion allows PAETEC to provision its business-class [...]

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New Jersey Technology Council Names PAETEC’S Keith Wilson CFO of the Year

June 23, 2010 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET), a FORTUNE 1000 company, announced that its chief financial officer Keith Wilson, was named CFO of the Year by the New Jersey Technology Council. The award was sponsored by Cushman & Wakefield. The winners were named at NJTC’s 2010 CFO Awards Breakfast held at the Forsgate Country Club on [...]

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Quagga Corporation acquired by PAETEC

June 8, 2010 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET), a FORTUNE 1000 company, announced today that its wholly-owned subsidiary, PAETEC Corp., has closed on the acquisition of Quagga Corporation, a privately-held Sacramento-based company. As a world-class systems integrator, Quagga is the top Avaya partner on the West Coast, with expertise in IP-based voice and video systems for medium [...]

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PAETEC Q1 2010

May 6, 2010 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET) today announced first quarter 2010 financial and operating results. “We are pleased to announce that PAETEC is a Fortune 1000 member. PAETEC achieved this milestone through a decade of hard work, operational excellence, and disciplined management,” said Arunas A. Chesonis, chairman and CEO. “Solid access line additions and continued [...]

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PAETEC Unveils IDPS Network Intrusion Detection and Prevention System

March 22, 2010 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET), a leader in competitive telecommunications nationally, today announced the general availability of its new managed network Intrusion Detection and Prevention System (IDPS). Today’s announcement continues the expansion of PAETEC’s broad portfolio of professionally managed network and IT services for enterprise customers across 46 states, with the release of one [...]

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PAETEC Q4 2009 and full year 2009

February 16, 2010 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET) today announced fourth quarter 2009 and full year 2009 financial and operating results. “We are pleased to have met our revenue guidance and exceeded our adjusted EBITDA guidance for full year 2009,” said Arunas A. Chesonis, chairman and CEO. “Our opportunistic issuance in January 2010 of $300.0 million of [...]

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