Involta has secured $50 million in an equity financing round from M/C Partners, enabling it to make acquisitions, provide shareholder liquidity and support the growth of its colocation and managed services throughout the United States.
Cincinnati Bell is reducing its ownership of CyrusOne by selling 12.5 million of its units in CyrusOne's operating partnership, CyrusOne LP.
C Spire has reached an agreement to acquire Hattiesburg, Miss.-based MegaGate Broadband, enabling it to expand its market presence and offer business services in three states.
Public cloud deployments may still be the dominant method of Unified Communications as a Service (UCaaS) deployments, but hybrid clouds represent the fastest growing segment.
Sprint is enabling Thinking Phone Networks' business customers to get access to cloud-based unified communications (UC) by bundling Thinking Phone Networks' service with Sprint's global business MPLS services.
Cisco and Dimension Data announced that they are expanding their long-standing relationship with a focus on driving businesses' movement to a hybrid cloud environment.
Verizon is bringing its Healthcare Enabled Services to five additional data centers as a way to help the healthcare industry meet the federal Health Insurance Portability and Accountability Act (HIPAA) requirements for safeguarding electronic protected health information.
Colin Doherty just took the helm as BTI Systems' new CEO in April, but the 25-year telecom industry veteran is poised to take the company to the next level. Sean Buckley, senior editor of FierceTelecom, recently caught up with Doherty to talk about his first days on the job and the opportunities he sees in the optical networking space.
Sprint reported that its wireline revenues were $770 million, down sequentially and year-over-year from $859 million in the fourth quarter of 2013 and $893 million in the same period a year ago.
Windstream has unveiled its new channel pricing tool, a move that will enable its channel partners to provide direct pricing quotes for its services.