Kansas company sells wholesale dial-up Internet business
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Sprint Corp., which is based in Kansas and also conducts business in the Wichita area, has sold its wholesale dial-up Internet access business to Level 3 Communications Inc.
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The PC company will sell a unit targeting education, midsized sized business, and government users.
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America Online on Thursday said it plans to sell a low-priced PC targeting low-income and minority households who agree to sign up for a year of dialup Internet service.
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The new service is the company's latest attempt to make more money off technology that already steers much of the Internet's traffic.
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As part of an ongoing effort to distance itself from the ISP business both domestically and in Europe, AOL parent Time Warner said Monday it is selling AOL Germany to Telecom Italia for about $870 million in cash.
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Classmates Online founder Randy Conrads was feeling good yesterday after the company he started nine years ago in the basement of his Kent home was sold for $100 million in cash to United Online Inc.
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The company&#39;s sixth buy this year is meant to aid service providers in controlling and managing Internet-based networks, such as VoIP and interactive gaming.
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Ciena has agreed to acquire World Wide Packets in a deal, valued at about $290 million, that will bring together two players in the growing carrier Ethernet market.The vendor of carrier gear will pay about $200 million cash plus 3.4 million shares for privately held World Wide Packets, which makes switches and software for Ethernet services offered by carriers. World Wide Packets, in Spokane Valley, Washington, will be merged into a wholly owned subsidiary of Ciena.Carriers are beginning to build Ethernet networks across metropolitan areas so they can be more flexible in offering different speeds of service and deliver WAN connectivity with the same technology most enterprises use for their LANs. Ethernet, which generally costs less than traditional metropolitan fiber networks, can also be used for wholesale data transport and backhaul of traffic from wireless networks to the Internet.World Wide Packets has more than 100 customers in 25 countries and has shipped more than 70,000 units of its products, according to Ciena. The company offers a common operating system across its products, called LightningEdge Operating System, and network management tools.Also on Tuesday, Ciena said it had won a multiyear contract to supply AT&amp;T with platforms from World Wide Packets.Based on the $26.52 closing price of Ciena&#39;s stock last Friday, the 3.4 million shares are worth about $90 million. Ciena will also assume as much as $15 million of the acquired company&#39;s debt. The acquisition requires regulatory approval and is expected to close in the second quarter of Ciena&#39;s 2008 fiscal year, which will end in April. World Wide Packets will keep operating from its locations in Spokane Valley and San Jose, California. Ciena is based in Linthicum, Maryland.
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Company strikes deal with BT Wholesale to sell broadband Net service in Britain, bundle it with mobile offerings.
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The business-internet firm plans to announce Friday the latest move in a recent buying spree, a deal the company said will give it 2,400 new business customers for its high-speed Internet service.-The Washington Post
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Voice-over-Internet provider VoIP, Inc. says it is in talks with some 70 smaller cable companies to provide them with wholesale Internet or VoIP-based phone service plans.
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Classmates Online, the Renton company that built a business around uniting high-school alumni, is being acquired by Internet service provider United Online for $100 million in cash.
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Internet Mall (IM) (Czech Republic), group of Internet shops, reached proceeds of CEK 1.16 bil in 2006. The rival Kasa.cz (Czech Republic) reached proceeds of CEK 721 mil in total in 2006 and it expects a sale raise to about CEK 1 bil in 2007.
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By Lisa Smith Daily Herald Staff Writer  AT&T wants to install equipment to offer its controversial Project Lightspeed video-over-Internet service to residents of unincorporated Kane County.
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A U.S. court in Wyoming has ordered a Web-based information broker to stop selling telephone records without owners&#39; consent and to turn over nearly $200,000 in profits from the operation, the U.S. Federal Trade Commission announced Monday.AccuSearch, doing business as Abika.com, and owner Jay Patel used &quot;false pretenses, fraudulent statements, fraudulent or stolen documents or other misrepresentations&quot; to induce telecom carriers to disclose the confidential records, the FTC said in a news release.Judge William Downes of the U.S. District Court for the District of Wyoming ordered the company to stop selling telephone records in a Dec. 20 decision announced Monday. The judge also ordered the company, based in Cheyenne, Wyoming, to turn over information so that the FTC can notify the people whose telephone records were sold.Abika.com advertised that it could obtain the confidential phone records of any individual -- including details about outgoing and incoming calls -- and make that information available to customers for a fee, the FTC said in a May 2006 complaint. The FTC charged that the company&#39;s methods of obtaining phone records, including posing as a customer of a telecom carrier, violated the FTC Act, which bars unfair business practices.A representative of Abika.com didn&#39;t immediately respond to a request for comment. The company continues to sell such information&#160;as criminal, tax, mortgage, and driving records through its Web site.The defendants have appealed the order to the U.S. Tenth Circuit Court of Appeals.Downes found that the company&#39;s ways of obtaining phone records without consumers&#39; consent was &quot;necessarily accomplished through illegal means,&quot; and that defendants knew that the phone records were being obtained surreptitiously.The company&#39;s actions caused major problems to consumers, including serious health and safety risks experienced by some consumers from stalkers and abusers; economic harm associated with changing telephone carriers and upgrading security on their accounts; and a host of &quot;substantial and real&quot; emotional harms, the judge said.Consumers had no way to avoid these harms, he wrote. &quot;In fact, the evidence presented before the court indicates that confidential consumer phone records were sold through Abika.com despite considerable efforts by consumers to maintain the privacy of those records,&quot; the judge wrote.Finally, the court found no countervailing benefits to consumers or competition that could be derived from the defendants&#39; practice.Downes also rejected the defendants&#39; claimed immunity under the Communications Decency Act, a federal statute that confers immunity on interactive computer service providers for publishing information content provided by a third party. The judge found that the argument failed partly because the defendants participated in creating the content they sought to have immune from prosecution, the FTC said.
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Time Warner Inc's AOL said on Tuesday  it has purchased online affiliate marketing network buy.at as  part of a strategy to bolster its Internet advertising  operations.
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(InfoWorld) - A U.K. company that has made a business out of selling preowned licenses for Microsoft Corp. products has brought its products to the U.S. for the first time. Disclic recently closed its first deal selling licenses it procured from companies going out of business in the U.K. to a company in the U.S., said Noel Unwin, a director of Discount-licensing.com, the Web site and trading arm of the company that sells the licenses. Discount-licensing.com sold licenses for Microsoft Office it obtained from two companies that divested their property in the U.K. -- Food Brokers and Quidnunc -- to WaferTech LLC, a U.S. semiconductor manufacturer, he said. Discount-licensing.com also recently made its first deal selling licenses it procured from a U.S. company to companies in the U.K., Unwin added. Discount-Licensing.com sold preowned licenses from an insolvent U.S.company, Cornell Trading Inc., to U.K. businesses in September and October. The U.K. businesses that purchased former Cornell Trading licenses were Benefit 2 Business, which purchase licenses for Exchange 2003; Abnormal Loads, which purchased licenses for Terminal Server 2003 CALs; 3D Computer Systems, which purchased licenses for Exchange, Windows and Terminal Server 2003 CALs; and Orange IS, which purchased Office 2003 Professional licenses. Unwin said his company did not sell preowned licenses in the U.S. until recently because it believed there would be license restrictions in reselling licenses from one region to another. Discount-licensing.com worked with Microsoft to ensure this was not the case before selling its licenses, he said. Microsoft could not be reached for comment through its public relations firm on Wednesday. But the company has acknowledged in the past it is legal to transfer product licenses for software owned by companies that are divesting. Disclic has built its Discount-licensing.com business since November 2005, gathering up Microsoft product licenses from insolvent companies and distributing them through its Web site. The company recently updated its site with comprehensive product search and ordering features, so customers can do their entire transactions online. Customers can access Discount-licensing.com's product search feature here Unwin said prices for U.S. customers are generally 15 percent less expensive than prices for U.K. customers. The company sells preowned licenses for about 35 percent to 40 percent cheaper than the original cost of the license. Because of these discounts, software resellers have been purchasing software from Discount-licensing.com to sell to their customers so they can make higher margins, Unwin added. Discount-licensing.com has added several hundred new customers so far in 2006, in addition to repeat customers. The most popular licenses the company sells are for Office XP, Unwin said. Other product licenses that do well include the SQL Server database and Exchange 2003 messaging server.