Posts tagged as:

acquisition

Covad acquisition Completed

May 5, 2008 Covad News

Platinum Equity has completed the acquisition of Covad Communications Group on april 15th. The total value of the transaction is approximately $470 million. The acquisition was a public-to-private transaction in which an affiliate of Platinum Equity acquired all outstanding shares of Covad stock for $1.02 per share in cash. The company previously traded on the [...]

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Avaya Mobility Edition for Lenovo ThinkPad notebooks

January 22, 2008 Avaya News (NYSE:AV)

Avaya and Lenovo announced the availability of the Avaya Mobility Edition for Lenovo ThinkPad notebooks and ThinkCentre desktops, a solution targeted for business users that embeds the Avaya Internet protocol (IP) Softphone application into Lenovo PCs. The unified solution enables complete, enterprise communications from any location with optimum security, usability and quality of service. With [...]

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Avaya goes SIP

January 21, 2008 Avaya News (NYSE:AV)

Avaya introduced enhancements to its market-leading IP Telephony solutions delivering advanced Intelligent Communications capabilities using end-to-end, full-featured Session Initiation Protocol (SIP). This includes the latest version of Avaya’s flagship IP telephony software – Avaya Communication Manager 5.0 – which enables businesses to gain essential and innovative telephony functions using end-to-end SIP. With open standards-based SIP, [...]

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Level 3 gets award from Alltel

January 15, 2008 Level 3 News (Nasdaq: LVLT)

Level 3 Communications today announced that it has been named Alltel Wireless’ 2007 Telecom Sourcing Supplier of the Year. Alltel presented Level 3 with this recognition during its Annual Vendor Forum. “Level 3 provides services and network solutions that support our corporate vision and enable us to reinforce our commitment to delivering a quality wireless [...]

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Verizon Business gets Market Penetration Leadership Award

December 5, 2007 Verizon Business News (NYSE:VZ)

Verizon Business has received Frost & Sullivan’s 2007 North American Award for Market Penetration Leadership in managed security services (MSS). The award recognizes the company’s demonstration of strategic excellence in product innovation, marketing and sales strategies that have resulted in the largest gain in market share over the past two to three years. Frost & [...]

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PAETEC McLeodUSA acquisition approved by FCC

November 27, 2007 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET) announced that it and McLeodUSA Inc. have received Federal Communications Commission (FCC) approval required in connection with PAETEC’s proposed acquisition of McLeodUSA. On September 17, 2007, PAETEC announced that it and McLeodUSA had entered into a definitive merger agreement. As previously announced, the companies have received notice from the [...]

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TelePacific Communications impressive growth

November 20, 2007 TelePacific Communications News

TelePacific Communications, a provider of business telecommunications solutions based in California, announced today it has been named to the “Fastest Growing Private Companies in Los Angeles” list. The Los Angeles Business Journal placed TelePacific in the top 100 companies, based on its growth from 2004 to 2006. During that period, TelePacific experienced an impressive 235% [...]

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Nortel Q3 2007

November 7, 2007 Nortel News

Nortel* Networks Corporation [NYSE/TSX: NT] today announced results for the third quarter of 2007 prepared in accordance with United States generally accepted accounting principles (GAAP) in U.S. dollars. Results were again driven by solid operating and gross margin expansion, evidence of the continued traction of the Company’s business transformation program. “Nortel achieved solid results this quarter [...]

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Time Warner Telecom reports strong Q3 2007

November 7, 2007 TW Telecom News

Time Warner Telecom Inc. (NASDAQ: TWTC), a leading provider of managed voice and data networking solutions for business customers, today announced its third quarter 2007 financial results, including $274.8 million of revenue, $86.4 million in Modified EBITDA1 (“M-EBITDA”) and a net loss of $11.6 million. “We continue to deliver strong enterprise revenue growth, drive sales [...]

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