Cheap international calling cards Cheap card
Buy phone card
Best rates cards
Your account
1. Choose from and where you'll call
from to
2. Buy a phone card you selected
3. Get your PIN code on e-mail immediately
     

Cavalier Telephone to Acquire Talk America for $251 Million


27/09/2006

Pennsylvania-based telephone provider, Talk America, has agreed to be bought out by Cavalier Telephone and TV, at a cash price of $251 million, or $8.10 per share.

Once merged, the two companies will have combined annual revenues of $750 million, and $130 million a year in earnings before interest, depreciation, and amortization.

The combined company will serve over 550,000 residential customers and 85,000 business-level users in Atlanta, Baltimore, Cleveland, Detroit, Philadelphia, and Washington D.C.

The acquisition deal is expected to close in December, after it has been gained the final approval of both companies` executives and shareholders.



 

Related News

 
Paetec Acquires McLeodUSA for $492 Million
19/09/2007
Fairport, New York-based corporate phone provider, Paetec Holding Corp., has agreed to purchase the troubled competitive local exchange carrier (CLEC), McLeodUSA, for $492 million.The acquisition of McLeodUSA, which offers telephone and high-speed internet services in...
 
Verizon Plans to Spin Off or Sell Telephone Directory Business
08/07/2006
Verizon Communications announced yesterday that it plans to either sell or spin off its telephone directory business by the end of this year, reflecting its desire to refocus efforts on broadband and wireless services.The telecom giant has filed a registration form...
 
Alltel Completes Spin-off of Landline Telephone Division
18/07/2006
Arkansas-based telecommunications provider, Alltel, has completed a $4.9 billion deal to merge its landline telephone division with Valor Communications Group, to create a new company called Windstream Corporation.Windstream will is set to start trading as an...
 
Hotel Telephone Revenues Drying Up, Says Industry Association
05/11/2006
Fewer and fewer visitors are using the phones available in hotel rooms, according to a recent study by the American Hotel & Lodging Association.The widespread availability of cell phones has reduced the need for landlines among business travelers, eliminating one...
 

Best rates calling cards from:

Albania
Angola
Argentina
Armenia
Australia
Austria
Belarus
Belgium
Bermuda
Bolivia
Botswana
Brazil
Brunei
Bulgaria
Cambodia
Canada
Chile
China
Colombia
Costa Rica
Croatia
Cuba Guantanamo
Cyprus
Czech Rep.
Denmark
Dominica
Ecuador
Egypt
El Salvador
Estonia
Fiji Isl.
Finland
France
French Antilles
French Guiana
Georgia
Germany
Ghana
Gibraltar
Greece
Guadeloupe
Guam
Guatemala
Haiti
Hong Kong
Hungary
Iceland
India
Indonesia
Iraq
Ireland
Israel
Italy
Ivory Coast
Jamaica
Japan
Kazakhstan
Kenya
Korea South
Kuwait
Latvia
Liechtenstein
Lithuania
Luxembourg
Macao
Macedonia
Malawi
Malaysia
Malta
Mauritius
Mexico
Monaco
Nepal
Netherlands
New Zealand
Nicaragua
Nigeria
Norway
Oman
Pakistan
Palestine
Peru
Philippines
Poland
Portugal
Puerto Rico
Qatar
Romania
Russia
Saudi Arabia
Senegal
Serbia
Singapore
Slovakia
South Africa
Spain
Sri Lanka
Sudan
Suriname
Swaziland
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Turkey
Uganda
United Kingdom
Ukraine
Uruguay
Unated States
Uzbekistan
Vatican
Venezuela
Yemen
Zambia
Zimbabwe
Home | News | Legal | References | Help | Feedback | Account | Order card | Country codes | Best rates Copyright © 2008 CheapCard.org