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Paetec News (NASDAQ GS: PAET)

PAETEC Standardizes Nationwide on Cisco IP NGN

January 11, 2010 Cisco News (NASDAQ: CSCO)

PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, announced that it will standardize on Cisco (CSCO) Internet Protocol Next-Generation Network edge and core platforms. As a result, PAETEC will continue to increase the availability and reliability of its existing MPLS-VPN, IP trunking, hosted firewall and dedicated [...]

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Congratulations to PAETEC for Named to Best Large Company to Work For Ranking For In Second Consecutive Year

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

PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice, and Internet solutions to business-class customers nationwide, today announced it has been recognized for a second consecutive year as a Best Large Company to Work For in New York State by the New York State Society for Human Resource Management (NYS-SHRM). The company was previously [...]

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Paetec paid down $10 million of its outstanding loan

December 17, 2009 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET)  has paid down $10 million of its outstanding revolving loan under its credit facility. “This payment signifies PAETEC’s commitment to use operating cash flow to reduce debt and improve our balance sheet,” said Arunas Chesonis, PAETEC chairman and CEO. ”We are confident that we have the company well positioned both [...]

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PAETEC recertified by Cisco

July 28, 2008 Paetec News (NASDAQ GS: PAET)

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. If you like this post please support us [...]

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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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PAETEC Dynamic IP now Avaya Compliant

November 24, 2007 Avaya News (NYSE:AV)

PAETEC Holding Corp. (NASDAQ GS: PAET) today announced that its Dynamic IP service is compliant with key Internet protocol (IP) telephony solutions from Avaya Inc., a leading global provider of business communications applications, systems and services. The Dynamic IP solution offers businesses true bandwidth allocation for voice and data while leveraging existing voice equipment. The [...]

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PAETEC Q3 2007

November 9, 2007 Paetec News (NASDAQ GS: PAET)

 PAETEC Holding Corp. (NASDAQ GS: PAET) today announced third quarter 2007 financial and operating results. “We are very pleased with our third quarter results, highlighted by strong revenue growth, as well as continued margin and free cash flow expansion,” said PAETEC Chairman and CEO Arunas A. Chesonis. “We have completed our second full quarter since [...]

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PAETEC gets 10 year contract with the State of New York

November 8, 2007 Paetec News (NASDAQ GS: PAET)

 PAETEC Holding Corp. today announced that it is one of several providers awarded a 10-year Comprehensive Telecommunications Services contract by the State of New York Office of General Services (OGS). This contract (PS63070) will allow PAETEC to offer advanced communications solutions to more than 6,800 municipal, city, and state agencies, educational institutions, and not-for-profit organizations [...]

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Paetec Allworx aqcuisition completed

November 1, 2007 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET) announced the completion of its transaction to acquire Allworx Corp., effective October 31. PAETEC acquired Allworx, a privately held company that develops, designs, markets, and sells a complete phone and network system designed to benefit small and medium-sized businesses, in a $25 million all-cash acquisition. “We are excited to [...]

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