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Entries in Managed Services (10)

Monday
Jan062014
DateMonday, January 6, 2014 at 9:00AM

Otelco Acquires Maine-Based Cloud Provider Reliable Networks

Otelco Grows Maine Offerings with IP Services Acquisition

January 6, 2014, Otelco announced that it has acquired Portland, Maine-based Reliable Networks, a provider of cloud hosting and managed services.
 
Otelco paid $500,000 at the closing of the acquisition. The balance of the purchase price will be paid in stock over the next three years, contingent on Reliable Networks achieving certain financial objectives. The acquisition will provide Otelco with additional managed service capabilities that will supplement the growth of existing IP services while expanding its current market presence. Reliable Networks will operate as a division of OTT Communications, Otelco’s New England competitive operating entity.
 
Press Release
AuthorDeborah Rand | Comments Off | | | Print ArticlePrint Article
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Wednesday
Dec282011
DateWednesday, December 28, 2011 at 6:36PM

Telcos Take to the Cloud in 2011

Source: The Deal Advisor

Telcos were the largest and most frequent buyers in the very active data center and cloud services M&A scene in 2011. Collectively, a broad range of communications providers spent over $8.2b to purchase data centers and managed service providers during the year. For telcos, these acquisitions offer the potential to diversify revenue streams and to attract more business customers in service areas that are projected to grow in the coming years. Adam Brissette looks back on the year’s data center and cloud deals.

Read more here.

AuthorAdam Brissette | Comments Off | | | Print ArticlePrint Article
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Thursday
Nov102011
DateThursday, November 10, 2011 at 11:10AM

Twin Valley Telephone Buys into Growth in the Cloud

Source: The Deal Advisor

With its recent acquisition of a majority stake in ISG Technologies, Miltonvale, Kansas-based Twin Valley Telephone (TVT) has expanded its portfolio of cloud and IT services, as it targets small to mid-sized business customers in the Midwest. Amid an increasingly competitive landscape for managed services, Twin Valley ceo Ben Foster sees significant potential for growth in the cloud for TVT. Adam Brissette takes a look into Twin Valley’s recent cloud purchase.

Read more about the deal here.

AuthorAdam Brissette | CommentPost a Comment | | | Print ArticlePrint Article
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Sunday
Jul312011
DateSunday, July 31, 2011 at 12:06PM

Time Warner Video Losses Offset by Triple Play Adds

Source: Phone Numbers

Time Warner lost 130k cable television subs in 2Q11, but its revenues and profits were still up moderately YoY. Data and voice customer adds compensated for its video losses, and growth in its business services segment drove ARPU higher.

Get the story behind Time Warner’s 2Q11 earnings here.

AuthorAdam Brissette | Comments Off | | | Print ArticlePrint Article
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Thursday
Mar242011
DateThursday, March 24, 2011 at 1:59PM

TDS Expands Managed IP Service in Wisconsin and Tennessee

Source: TDS Press Release

TDS Telecommunications Corp., a wholly owned subsidiary of Telephone and Data Systems (NYSE:TDS), is introducing a new communications solution in several Wisconsin and Tennessee communities.

Known as managedIP, this hosted Internet Protocol communications solution integrates voice and data as a single communications solution. Unlike many voice over Internet protocol services, TDS managedIP never uses the public Internet. The TDS solution is delivered over a private, secure, and dedicated network “hosted” at a secure TDS facility, according to Bill Schmitt, market manager for TDS.

Already available in parts of Wisconsin and Tennessee, TDS managedIP provides businesses with improved productivity and greater efficiencies.

TDS managedIP is currently available in parts of Alabama, Florida, Georgia, Indiana, Illinois, Maine, Michigan, Minnesota, New Hampshire, Tennessee, Vermont, Washington, and Wisconsin. TDS plans to continue expanding availability of its managedIP communications solution to more markets this year.

AuthorDeborah Rand | CommentPost a Comment | | | Print ArticlePrint Article
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