Deltacom
Encyclopedia
Deltacom, Inc. is a regional CLEC operating in the southern United States
. Deltacom provides voice (local
and long distance), Internet service
and wide area network
connectivity via frame relay
, ATM
, or dedicated point-to-point circuits
. Additionally, Deltacom provides directory assistance
to its own customers as well as selling the service to other carriers.
The company has approximately 375,000 access lines, $580 million in annual revenues and 2,000 employees. Its target customers are small, medium and large businesses.
On October 1, 2010, Deltacom and Earthlink announced a definitive agreement for Earthlink to acquire Deltacom for $3.00 per share for a total transaction value of approximately $516 million, including assumption of $325 million in debt. Several law firms have begun investigating whether the proposed transaction is fair to the Company's shareholders.
before going public in 1997 as ITC^DeltaCom. In 2003 the company merged with North Carolina
-based Business Telecom, Inc. (BTI). In 2006 the company dropped the ITC from its name as the ITC Holding Company no longer owned a controlling interest. As of April 2005, the primary shareholder
is the private equity investor Welsh, Carson, Anderson & Stowe
.
Deltacom primarily provides services to the following 8 states:
Southern United States
The Southern United States—commonly referred to as the American South, Dixie, or simply the South—constitutes a large distinctive area in the southeastern and south-central United States...
. Deltacom provides voice (local
Local telephone service
Local telephone service is the provision of telecommunications networks and services within a limited geographic region.Traditionally, local telephone service was provided by small companies based in given cities and towns as opposed to larger, national or international companies...
and long distance), Internet service
Internet service provider
An Internet service provider is a company that provides access to the Internet. Access ISPs directly connect customers to the Internet using copper wires, wireless or fiber-optic connections. Hosting ISPs lease server space for smaller businesses and host other people servers...
and wide area network
Wide area network
A wide area network is a telecommunication network that covers a broad area . Business and government entities utilize WANs to relay data among employees, clients, buyers, and suppliers from various geographical locations...
connectivity via frame relay
Frame relay
Frame Relay is a standardized wide area network technology that specifies the physical and logical link layers of digital telecommunications channels using a packet switching methodology...
, ATM
Asynchronous Transfer Mode
Asynchronous Transfer Mode is a standard switching technique designed to unify telecommunication and computer networks. It uses asynchronous time-division multiplexing, and it encodes data into small, fixed-sized cells. This differs from approaches such as the Internet Protocol or Ethernet that...
, or dedicated point-to-point circuits
Telecommunication circuit
A telecommunication circuit is any line, conductor, or other conduit by which information is transmitted.A dedicated circuit, private circuit, or leased line is a line that is dedicated to only one use...
. Additionally, Deltacom provides directory assistance
Directory assistance
In telecommunications, directory assistance or directory enquiries is a phone service used to find out a specific telephone number and/or address of a residence, business, or government entity.-Technology:...
to its own customers as well as selling the service to other carriers.
The company has approximately 375,000 access lines, $580 million in annual revenues and 2,000 employees. Its target customers are small, medium and large businesses.
On October 1, 2010, Deltacom and Earthlink announced a definitive agreement for Earthlink to acquire Deltacom for $3.00 per share for a total transaction value of approximately $516 million, including assumption of $325 million in debt. Several law firms have begun investigating whether the proposed transaction is fair to the Company's shareholders.
History
Deltacom, Inc. is the result of several mergers of various telecommunications companies over the last 100 years. The current incarnation was privately held by the ITC Holding CompanyITC Holding Company
ITC Holding Company, LLC is a holding company based in West Point, Georgia.The company began as The West Point Telephone and Electric Company, founded in 1896 by James Smith Lanier. Around 1950, the company changed its name to Interstate Telephone Company. The current Chief executive officer is...
before going public in 1997 as ITC^DeltaCom. In 2003 the company merged with North Carolina
North Carolina
North Carolina is a state located in the southeastern United States. The state borders South Carolina and Georgia to the south, Tennessee to the west and Virginia to the north. North Carolina contains 100 counties. Its capital is Raleigh, and its largest city is Charlotte...
-based Business Telecom, Inc. (BTI). In 2006 the company dropped the ITC from its name as the ITC Holding Company no longer owned a controlling interest. As of April 2005, the primary shareholder
Shareholder
A shareholder or stockholder is an individual or institution that legally owns one or more shares of stock in a public or private corporation. Shareholders own the stock, but not the corporation itself ....
is the private equity investor Welsh, Carson, Anderson & Stowe
Welsh, Carson, Anderson & Stowe
Welsh, Carson, Anderson & Stowe is a private equity investment firm in the United States. Founded in 1979, it has organized 14 limited partnerships with total capital over $16 billion and is currently in the process of raising a new $4 billion private equity fund Welsh, Carson Anderson & Stowe XI...
.
Leadership
- Randall E.Curran - Chief Executive OfficerChief executive officerA chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
- Richard E. Fish, Jr. - Chief Financial OfficerChief financial officerThe chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...
- J. Thomas Mullis - General CounselGeneral CounselA general counsel is the chief lawyer of a legal department, usually in a corporation or government department. The term is most used in the United States...
- Jim O'Brien - Executive Vice President, Operations
- Anthony A. Tomae - Executive Vice President of SalesSalesA sale is the act of selling a product or service in return for money or other compensation. It is an act of completion of a commercial activity....
and MarketingMarketingMarketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
and Customer Service
Coverage
- AlabamaAlabamaAlabama is a state located in the southeastern region of the United States. It is bordered by Tennessee to the north, Georgia to the east, Florida and the Gulf of Mexico to the south, and Mississippi to the west. Alabama ranks 30th in total land area and ranks second in the size of its inland...
- FloridaFloridaFlorida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...
- GeorgiaGeorgia (U.S. state)Georgia is a state located in the southeastern United States. It was established in 1732, the last of the original Thirteen Colonies. The state is named after King George II of Great Britain. Georgia was the fourth state to ratify the United States Constitution, on January 2, 1788...
- LouisianaLouisianaLouisiana is a state located in the southern region of the United States of America. Its capital is Baton Rouge and largest city is New Orleans. Louisiana is the only state in the U.S. with political subdivisions termed parishes, which are local governments equivalent to counties...
- MississippiMississippiMississippi is a U.S. state located in the Southern United States. Jackson is the state capital and largest city. The name of the state derives from the Mississippi River, which flows along its western boundary, whose name comes from the Ojibwe word misi-ziibi...
- North CarolinaNorth CarolinaNorth Carolina is a state located in the southeastern United States. The state borders South Carolina and Georgia to the south, Tennessee to the west and Virginia to the north. North Carolina contains 100 counties. Its capital is Raleigh, and its largest city is Charlotte...
- South CarolinaSouth CarolinaSouth Carolina is a state in the Deep South of the United States that borders Georgia to the south, North Carolina to the north, and the Atlantic Ocean to the east. Originally part of the Province of Carolina, the Province of South Carolina was one of the 13 colonies that declared independence...
- TennesseeTennesseeTennessee is a U.S. state located in the Southeastern United States. It has a population of 6,346,105, making it the nation's 17th-largest state by population, and covers , making it the 36th-largest by total land area...