Not a lot of big news today, which offers us a chance to catch up on some items I didn’t follow up on yet:
Up in Canada, upstart metro equipment provider BTI Systems raised new funds and reworked their balance sheet for the next phase of their growth. The arrangement includes $11M in new financing from existing investors as well as increases in credit facilities and reduction in long term liabilities. BTI expects to top $50M this year and hopes to achieve profitability in 2011.
Regional provider 360Networks announced an expanded relationship with VoicePulse, who are now leveraging the company’s Toll Free Origination service nationwide. VoicePulse had already been a customer for the rest of their wholesale VoIP portfolio. I’m still somewhat surprised that 360Networks hasn’t shown up on the M&A radar yet this year along with everyone else.
Windstream (NYSE:WIN, news, filings) has expanded its unified communications offerings to 100 new cities within its footprint, including cities in North Carolina, Pennsylvania, Texas, Ohio, Nebraska, Oklahoma, New Mexico, Georgia, and Kentucky. I presume this is within their ILEC territory rather than on the CLEC footprint they acquired from NuVox which will be supplemented by KDL soon. Nevertheless, they are clearly moving further into the business market on multiple fronts as the consumer landline business declines.
Sonus Networks (NASDAQ:SONS, news, filings) won a deal down in Costa Rica, where there has apparently been a recent deregulation of the telecommunications market. American Data Networks will use Sonus’s GSX9000 for a class 4 trunking solution, enabling them to connect to the incumbent provider, Instituto Costarricense de Electricidad. Apparently more than 60 carriers have been granted licenses in Costa Rica… yet another place I’ll try to keep an eye on I guess.
And finally, Internap Network Services (NASDAQ:INAP, news, filings) has formally opened its new premium data center in Silicon Valley at 2151 Mission College Booulevard in Santa Clara. Initially, they are bringing online 14,000 square feet of sellable space, with another 27,000 in the wings. Internap has been focusing more and more on its colocation business, as the niche for premium high speed IP transit has struggled to do more than tread water for such a long time.
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