Sunday, October 5, 2003

ITC^DeltaCom and BTI Close Their Merger

ITC^DeltaCom completed its previously announced merger with BTI Telecom Corp. (BTI), creating one of the largest CLECs in the southeastern U.S. As of the merger closing, Welsh, Carson, Anderson & Stowe (WCAS) invested $35 million for new equity in the firm. The combined company will operate under the name ITC^DeltaCom.


The new ITC^DeltaCom has a fiber optic network spanning approximately 14,500 route miles and approximately 230 Points of Presence (POPs). It offers a full suite of voice, data and Internet services including local, long distance, data, broadband, colocation and Web hosting. The company operates approximately 30 voice switches and 70 data switches in Arkansas, Texas, Virginia and all nine BellSouth states.
http://www.itcdeltacom.com