Windstream Acquires PAETEC for $2.3 billion

Windstream Acquires PAETEC for $2.3 billion

Verizon Communications delivered its second quarter earnings report Friday, and the numbers from its wireless unit look pretty good. The company added a total of 2.2 million subscribers, including 1.3 million postpaid subscribers, making for a grand total of 106.3 million connections. This equates year-over-year growth of 6.6%.
SOURCE: InformationWeek ( )

Smoothstone IP Communications announced that its MaxxConnect IP trunking services are certified to be compatible with IP telephony systems from ShoreTel.
SOURCE: Smoothstone IP Communications ( )

Windstream Hosted Solutions announced it has begun a significant expansion to its Raleigh data center, one which will grow the facility's usable space by almost 50 percent to 32,000 square feet.
SOURCE: MarketWatch ( )

Time Warner Cable has launched its DOCSIS 3.0-based Wideband Internet tier in the Midlands area of South Carolina, including Columbia, Blythewood, Batesburg, Sumter and Orangeburg.
SOURCE: Time Warner Cable ( )

Windstream Corp. has entered into a definitive agreement to acquire PAETEC Holding Corp. based in Fairport, N.Y., in a transaction valued at approximately $2.3 billion.
SOURCE: Windstream Corporation ( )

XO Communications announced the following XO Ethernet services earned MEF 9 and MEF 14 certifications.
SOURCE: Market Watch ( )

Level 3 Communications, announced that it now offers connectivity to its colocation facility at London Stock Exchange Group's Data Center in the City of London. The point-of-presence (PoP) offers connectivity to the world's leading financial institutions who are co-located within the Exchange Hosting facility, using Level 3's global network.
SOURCE: Level 3 Communications

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