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Entries from May 1, 2010 - May 31, 2010

Friday
May282010
DateFriday, May 28, 2010 at 2:05PM

SureWest Announces Departure of Bill DeMuth

Source: SureWest Press Release

SureWest Communications (NASDAQ:SURW) announced that senior vp and cto Bill DeMuth will be leaving SureWest as of June 30, 2010.

DeMuth joined SureWest in 1976 and has helped guide the company through many successful transformations in its history. His leadership in corporate technology initiatives was instrumental in SureWest's deployment of an IP-based fiber-to-the-home network that is one of the most advanced in the nation, offering some of the fastest Internet speeds in the country and the new Advanced Digital TV product powered by Microsoft (NASDAQ:MSFT) Mediaroom. As a result of this network, in 2005, SureWest became the first service provider in the United States to offer HDTV over IP (Internet Protocol) and the first to deliver symmetrical Internet speeds up to 50 Mbps in 2006.

DeMuth serves on the United States Telecom Association's engineering committee, is a member of the Board of Directors for ATIS (a technical planning and standards development organization) and is a member of the Board of Directors for Placer County's Kids First.

"I have thoroughly enjoyed my 34-year career with SureWest," said DeMuth. "I am grateful for the support I have received from the rest of the management team and the Board of Directors, and the countless number of friends I have been fortunate to work with at SureWest and within our industry. The employees accomplished many great things during my tenure at SureWest and I look forward to watching the company as it continues to thrive and make advancements."

To ensure a smooth transition, DeMuth will continue to support the management team until his departure on June 30. Ken Johnson, SureWest's vp and gm of operations in Kansas, will assume guidance of the company's strategic technologies team, a position he held prior to SureWest's acquisition of Everest Broadband in 2008.

AuthorRyan Elberg | CommentPost a Comment | | | Print ArticlePrint Article
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Friday
May282010
DateFriday, May 28, 2010 at 1:46PM

Sunshine PCS Spins Off from LICT and Becomes ICTC Group

Source: Lynch Press Release

LICT Corporation (OTC:LICT.PK) annouced the distribution to LICT shareholders of its North Dakota operation through the spin-off of shares of Sunshine PCS Corporation held by LICT (and cash in lieu of fractional Sunshine shares at the rate of $50/share). The North Dakota operations, of which Sunshine is the parent entity, consist of Inter-Community Telephone Company, LLC (“ICTC”) and Valley Communications, Inc. ICTC is a Rural Local Exchange Carrier (“RLEC”) headquartered in Nome, ND. It has been in existence for nearly 70 years, and currently serves approximately 2,300 access lines (1,350 residential and 950 business lines) as well as some 600 DSL customers.
 
Valley Communications is also headquartered in Nome and operates as an unregulated Internet Service Provider (“ISP”), serving approximately 1,000 customers. In connection with this spin-off, Sunshine PCS Corporation has changed its corporate name to ICTC Group, Inc. The new name is intended to build on the heritage of the newly-independent company as a long-established provider of telecommunications in North Dakota, and to better reflect the nature and scope of its operations going forward.
AuthorDeborah Rand | CommentPost a Comment | | | Print ArticlePrint Article
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Friday
May282010
DateFriday, May 28, 2010 at 3:54AM

Sunshine PCS Corporation Spins Off from LICT; Becomes ICTC Group

Source LICT Press Release

LICT Corporation (OTC:LICT.PK) is announcing that the distribution to LICT shareholders of its North Dakota operations is occurring, through the spin-off of shares of Sunshine PCS Corporation held by LICT (and cash in lieu of fractional Sunshine shares at the rate of $50/share). The North Dakota operations, of which Sunshine is the parent entity, consist of Inter-Community Telephone Company, LLC (“ICTC”) and Valley Communications, Inc.

ICTC is a Rural Local Exchange Carrier headquartered in Nome, ND. It has been in existence for nearly 70 years, and currently serves approximately 2,300 access lines (1,350 residential and 950 business lines) as well as some 600 DSL customers. Valley Communications is also headquartered in Nome and operates as an unregulated Internet Service Provider, serving approximately 1,000 customers.

AuthorRyan Elberg | CommentPost a Comment | | | Print ArticlePrint Article
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Wednesday
May262010
DateWednesday, May 26, 2010 at 8:43AM

NARUC Says FCC Wireless Survey Proves Need for Reexamination of ETFs

Source: NARUC Press Release

The National Association of Regulatory Utility Commissioners issued the following statement after the Federal Communications Commission released a survey detailing consumers’ experience with wireless “bill shock” and early termination fees:

“Despite the rapid and impressive growth of the wireless industry, this Federal Communications Commission survey makes clear that more needs to be done to ensure consumers get the protection and service they deserve.  State public service commissioners long ago raised concerns about early termination fees and how they impact wireless customers.  In fact, our Association called on the FCC to reexamine the rationale for permitting ETFs.  This report proves that this must remain a top priority.

“In this tough economy, consumers must fully understand what they are paying for in their wireless service, particularly as more and more depend on their cellular phones.

“We appreciate the hard work that went into the FCC report and look forward to working with the wireless industry and our federal counterparts on this crucial consumer issue.”

-- NARUC President David Coen of Vermont and NARUC Consumer Affairs Committee Chair Anne Boyle of Nebraska

AuthorBill King | CommentPost a Comment | | | Print ArticlePrint Article
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Tuesday
May252010
DateTuesday, May 25, 2010 at 11:21PM

Sprint Expansion of Ethernet Simplifies IP Service Implementations

Source: Sprint Press Release

Sprint (NYSE:S) announced the expansion of its U.S. Ethernet footprint to Central and Northern New Jersey, Stockton, Calif., and Baltimore, Md., and has deepened its coverage in 10 U.S. markets.

Sprint now offers comprehensive Ethernet access in 28 markets nationwide and 35 countries globally. Sprint expects to further enhance and expand coverage in an additional 16 U.S. markets later this year.

Enhanced Ethernet access coverage for Sprint Global MPLS and DIA provides businesses and wholesale partners more opportunities that can reduce network costs for high-bandwidth locations and to simplify the complexity of maintaining multiple types of technologies.

Sprint's Ethernet access solution connects from the customer's premises to the Sprint Global MPLS or DIA networks using an Ethernet local loop. This allows customers to enjoy the flexibility and simplicity of Ethernet, with Sprint serving as the single point of contact to provide businesses and wholesale partners an end-to-end solution. Other benefits include:

  • Flexible speeds ranging from 2 Mbps to 1 Gbps, subject to market availability, which easily scales to fit customer's needs.
  • Opportunity to lower costs for both equipment and IP services when compared to traditional access.
  • Network and customer-specific performance SLAs.
AuthorRyan Elberg | CommentPost a Comment | | | Print ArticlePrint Article
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