Posts tagged as:

merger

Alcatel-Lucent Q4 2008 results

February 5, 2009 Alcatel-Lucent News ( NYSE: ALU )

Alcatel-Lucent delivered solid operational performance in the fourth quarter, enabling it to meet its guidance on all three of the financial metrics it had indicated for 2008. Ben Verwaayen, CEO, commented: If you like this post please support us by liking us or bookmarking us Get the latest Telecom News at http://vartips.com brought to you [...]

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Alcatel-Lucent Tchuruk and Russo Resigning

July 29, 2008 Alcatel-Lucent News ( NYSE: ALU )

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 [...]

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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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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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EMBARQ Smart IP Bundle and Mitel 3600 Hosted Key System

November 7, 2007 Mitel News

Businesses can now enjoy the benefits of having an advanced, integrated communications system combining voice and data without having to go through the expense and trouble of buying and maintaining costly communications equipment at their locations. This is possible thanks to an innovative new product, the EMBARQ™ Smart IP BundleSM.  The EMBARQ™ Smart IP BundleSM [...]

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Nuvox BizPac added to Telarus’ GeoQuote

November 1, 2007 Nuvox News

Telarus, Inc. announced the introduction of BizPac into GeoQuote. BizPac, a voice and DSL package uniquely suited for growing businesses, joined the NuVox suite of products following its recent merger with FDN Communications. With the addition to GeoQuote, Telarus agents and customers will be able to run BizPac quotes and determine product availability in real-time. [...]

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Avaya Launches North America Channel Programs to Expand Customer Choice, Boost BusinessPartner Revenues

October 31, 2007 Avaya News (NYSE:AV)

To expand the buying options available to customers, Avaya Inc. (NYSE:AV), a leading global provider of business communications applications, systems and services, has launched two programs that broaden support for  sales channels focused on helping members of Avaya’s BusinessPartner program grow their revenues across all markets. In addition, Avaya is working with management consultants from [...]

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Mitel Takes Big Step In Green Direction

October 30, 2007 Mitel News

In its continuing efforts to be the communications industry’s environmental leader, Mitel  has reached agreement with Global Investment Recovery (Global), a full-service recycler and processor of electronic equipment, to fully recycle phones and hardware in selected areas where new Mitel equipment is installed. “Global applauds Mitel for creating an innovative program that ensures electronic material [...]

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Covad to be acquired by Platinum Equity

October 29, 2007 Covad News

Update: see Covad Megapath Merger Covad Communications Group Inc., (AMEX: DVW), a leading national provider of integrated voice and data communications, today announced that it has signed a definitive agreement to be acquired by Platinum Equity in an all-cash transaction. Under the terms of the agreement, which was unanimously approved by Covad’s Board of Directors [...]

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