Electric Lightwave

Windstream Names Paul H. Sunu Chief Executive Officer

Retrieved on: 
Monday, October 30, 2023
Internet, Other Technology, Technology, Telecommunications, Software, Lumen Technologies, Oaktree Capital Management, PIMCO, Zayo Group, Multimedia, Growth, Consolidated Communications, Electric Lightwave, Elliott Investment Management, CFO, FairPoint Communications, Chapter 11, Title 11, United States Code, Management, Lumen, Windstream Holdings

Windstream announced today that Paul H. Sunu has been named President and Chief Executive Officer, effective immediately.

Key Points: 
  • Windstream announced today that Paul H. Sunu has been named President and Chief Executive Officer, effective immediately.
  • He succeeds Tony Thomas, who has decided to depart the Company and step down from the Board, following a distinguished 17 years at Windstream.
  • Mr. Sunu has served as Chairman of the Board since 2020 and will retain his position.
  • During Mr. Thomas’ tenure, Windstream acquired, merged and integrated several companies, successfully restructured under Chapter 11 and launched its fiber transformation.

Spectrotel adds Industry Veterans Robert Guth and John Hayduk to its Board

Retrieved on: 
Tuesday, May 30, 2023
Interim, Telecommunications, Pennsylvania State University, Telcove, Lehigh University, Lumos Networks, Tata Communications, Carnegie Mellon University, Electric Lightwave, Managed services, Sungard Availability Services, Management, NEPTUNE, Hajduk

Robert Guth has over 35 years of executive and Board experience, bringing strategic business transformation to telecommunications, media, and technology businesses.

Key Points: 
  • Robert Guth has over 35 years of executive and Board experience, bringing strategic business transformation to telecommunications, media, and technology businesses.
  • John Hayduk has been running large-scale software development, network engineering operations, and information technology teams for over 30 years.
  • "We are thrilled to have Bob and John join our board," said Ross Artale, CEO of Spectrotel.
  • Guth and Hayduk join the board alongside Artale and Grain Management professionals Jenny Kashdan, Managing Director, and Diya Berger, Vice President.

ERNESTA, A NEW DIRECT-TO-CONSUMER RUG COMPANY, WELCOMES KEY LEADERSHIP HIRES

Retrieved on: 
Tuesday, January 31, 2023
University, Rhode Island School for the Deaf, Economics, Rosa, Wharton School of the University of Pennsylvania, Blackstone Inc., MIT Sloan School of Management, MBA, Whole Foods Market, CFO, Addition, Peloton Interactive, Electric Lightwave, Amazon, Cornell University, IPO, Sale, Growth, Customer success, University of Pennsylvania, Allbirds, Rhode Island School of Design, Harvard Business School, Business operations, Wellesley College, Customer service, Management, Ernesta Drinker Ballard, Williams-Sonoma, Inc.

NEW YORK, Jan. 31, 2023 /PRNewswire/ -- Ernesta (ernesta.com), a new direct-to-consumer rug company is delighted to announce today the appointment of a Chief Financial Officer, Chief Merchant, and leaders in Operations and Customer Service. These new hires will further strengthen Ernesta's expertise and elevate its design thought leadership as the company aims to become the design authority in the rug category and meet the growing consumer demand for soft flooring.

Key Points: 
  • These new hires will further strengthen Ernesta's expertise and elevate its design thought leadership as the company aims to become the design authority in the rug category and meet the growing consumer demand for soft flooring.
  • The new hires bring extensive experience in their respective fields, which will be vital in ensuring Ernesta delivers a high quality product to its customers.
  • Jesse Selnick, Ernesta's new Chief Financial Officer, brings 25 years of financial leadership experience to the company.
  • Rosa Glenn, Ernesta's new Chief Merchandising Officer, is a designer turned merchant with a wealth of experience in the residential rug category.

Consolidated Communications Advances B2B Strategy with Appointment of Dan Stoll as President of Commercial and Carrier Business

Retrieved on: 
Tuesday, January 10, 2023
Technology, Mobile, Wireless, Telecommunications, Networks, Internet, Carriers and Services, University, Westminster, Zayo Group, CNSL, Fiber to the x, Telecommunication, Marketing, History, Growth, Consolidated, Electric Lightwave, MBA, Multimedia, Commercial, Investment, Consolidated Communications, Internet service provider, Airline, Management

Consolidated Communications (NASDAQ: CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, today announced Dan Stoll as president of the Company’s commercial and carrier business.

Key Points: 
  • Consolidated Communications (NASDAQ: CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, today announced Dan Stoll as president of the Company’s commercial and carrier business.
  • Stoll will oversee Consolidated’s commercial and carrier go-to-market strategy including: sales, delivery, customer support, and related development and expansion of the Company’s fiber network.
  • Michael Smith, who previously served as president of the commercial and carrier business, is retiring from the Company after 30 successful years of service.
  • “Dan will be instrumental in further accelerating our commercial and carrier strategy and delivering a differentiated offering to our customers.

UPSTACK Acquires IT Consulting Firm Open Communications

Retrieved on: 
Wednesday, September 29, 2021
Attention, Goal, Internet, Human, Berkshire Partners, Solution, SMB, Fraunhofer Institute for Open Communication Systems, Philippine Council of Evangelical Churches, Electric Lightwave, Consultant, Club, CEO, Acquisition, Communication, IOT, Growth, Technology, Rookie of the Year, CCAA, Partner, Architecture, Unified communications as a service, Time, Sales, Network equipment, Online shopping

As part of the deal, Open Communications founder Amanda Heinritz will join UPSTACK as a Partner and a true equity stakeholder.

Key Points: 
  • As part of the deal, Open Communications founder Amanda Heinritz will join UPSTACK as a Partner and a true equity stakeholder.
  • "Open Communications is an exciting addition to UPSTACK," said Christopher Trapp, CEO of UPSTACK.
  • "Amanda and her team have grown Open Communications steadily through their hard-earned relationships and vast referral network.
  • Open Communications' success caught the attention of an IT firm that was acquiring agent customer bases.

Paya Announces Pricing of $250 Million Term Loan and $45 Million Revolving Credit Facility

Retrieved on: 
Monday, June 21, 2021
Money, Finance, Economy, Credit, Personal finance, Revolving credit, Paya, Inc., Line of credit, Paya, Exposure at default, Electric Lightwave

ATLANTA, June 21, 2021 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (Paya or the Company), a leading provider of integrated payment and commerce solutions, today announced the pricing of a seven-year, $250 million senior secured term loan and a five-year, $45 million senior secured revolving credit facility.

Key Points: 
  • ATLANTA, June 21, 2021 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (Paya or the Company), a leading provider of integrated payment and commerce solutions, today announced the pricing of a seven-year, $250 million senior secured term loan and a five-year, $45 million senior secured revolving credit facility.
  • The revolving credit facility is expected to be undrawn at closing.
  • As previously disclosed, the Company intends to use the proceeds from the term loan to repay its outstanding term loan facility.
  • The closing of the term loan and the revolving credit facility is subject to customary closing conditions.

UPSTACK Taps Channel Leader Scott Forbush as Chief Revenue Officer

Retrieved on: 
Thursday, April 22, 2021
Articles, Business, Economy, Zayo Group, Electric Lightwave, Sales, Business acumen, Acumen

UPSTACK already has acquired 10 independent agencies.\n"We\'re ecstatic that Scott has come aboard.

Key Points: 
  • UPSTACK already has acquired 10 independent agencies.\n"We\'re ecstatic that Scott has come aboard.
  • He has the experience and business acumen UPSTACK needs to achieve its growth goals, beginning with acquiring like-minded partners," said Christopher Trapp, CEO at UPSTACK.
  • "\nForbush joins UPSTACK with 25 years of experience in the telecom industry in various executive sales and channel sales positions.
  • Previously, Forbush was Vice President of Indirect Sales at Zayo Group and Vice President of Indirect Sales at Electric Lightwave.\n"I\'m excited to have joined the UPSTACK team.

Zayo Completes Sale of zColo’s US and UK Data Center Assets to DataBank

Retrieved on: 
Tuesday, December 15, 2020
Networks, Internet, Data management, Technology, Telecommunications, Zayo Group, Data centers, Computing, Internet, Colocation centre, World Wide Web, Cloud storage, Electric Lightwave, Dan Caruso, Zayo Group, DataBank

Zayo Group Holdings, Inc. (Zayo or the Company) today announced that it has completed the previously announced sale of the companys zColo data center assets in the U.S. and U.K. to DataBank.

Key Points: 
  • Zayo Group Holdings, Inc. (Zayo or the Company) today announced that it has completed the previously announced sale of the companys zColo data center assets in the U.S. and U.K. to DataBank.
  • Going forward, Zayo and DataBank expect to collaborate closely in bringing colocation solutions to Zayos fiber customers and network connectivity solutions to DataBanks colocation and cloud customers.
  • Zayos communications infrastructure solutions include dark fiber, private data networks, wavelengths, Ethernet, dedicated internet access and data center connectivity solutions.
  • DataBank is a leading provider of enterprise-class data center, cloud, and interconnection services, offering customers 100% uptime availability of data, applications and infrastructure.

Vince Holding Corp. Announces Completion of Third Lien Credit Facility

Retrieved on: 
Monday, December 14, 2020
Retail, Online Retail, Luxury, Fashion, Economy, Articles, Business law, Lien, Property law, Line of credit, Credit, Law, Electric Lightwave

Vince Holding Corp. (NYSE: VNCE), a leading global contemporary group (Vince or the Company), announced that it has closed its Third Lien Credit Facility resulting in $42.3 million in excess availability under its Revolving Credit Facility.

Key Points: 
  • Vince Holding Corp. (NYSE: VNCE), a leading global contemporary group (Vince or the Company), announced that it has closed its Third Lien Credit Facility resulting in $42.3 million in excess availability under its Revolving Credit Facility.
  • On December 11, 2020 the Company closed the Third Lien Credit Facility resulting in excess availability of $42.3 million.
  • While we expect a continued recovery in our business, we successfully closed the Third Lien Credit Facility as well as completed amendments to our existing Revolving and Term Loan Credit Facilities.
  • In addition, on December 11, 2020, the Company entered into amendments to its existing Revolving Credit Facility and to its existing Term Loan Credit Facility.

Zayo Expands Wavelength Networks Between Strategic Markets

Retrieved on: 
Tuesday, June 30, 2020
Networks, Internet, Data management, Technology, Telecommunications, Zayo Group, Fiber-optic communications, Companies, Telecommunications, Corporations, Dan Caruso, Electric Lightwave

Zayo Group Holdings today announced four new long-haul optical wavelength routes in the U.S. that will provide multiple terabits of capacity for customers in diverse sectors.

Key Points: 
  • Zayo Group Holdings today announced four new long-haul optical wavelength routes in the U.S. that will provide multiple terabits of capacity for customers in diverse sectors.
  • Our owned infrastructure and range of flexible solutions position Zayo to be the provider of choice for wavelengths.
  • Zayo Group Holdings, Inc. provides mission-critical bandwidth to the worlds most impactful companies, fueling the innovations that are transforming our society.
  • Zayos communications infrastructure solutions include dark fiber, private data networks, wavelengths, Ethernet, dedicated internet access and data center colocation services.