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Deltacom, known as ITC^Deltacom until 2006, was a regional
The company was funded by ITC Holding Company.
In October 1997, the company became a public company via an initial public offering.
In 1999, the company acquired Scientific Telecommunications. The company also acquired AvData Systems for $28 million.
In March 2001, ITC Holding made an additional $150 million investment in the company.
In July 2001, Larry F. Williams was named chairman and chief executive officer of the company.
In June 2002, the company filed for
competitive local exchange carrier A competitive local exchange carrier (CLEC), in the United States and Canada, is a telecommunications provider company (sometimes called a " carrier") competing with other, already established carriers, generally the incumbent local exchange carrie ...
operating in the southern United States, primarily in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, and Tennessee. Deltacom provided local telephone service and long distance calling, Internet service and wide area network connectivity via Frame Relay, Asynchronous Transfer Mode, or dedicated point-to-point telecommunication circuits. Deltacom also provided directory assistance to its own customers and sold the service to other carriers.
In December 2010, the company was acquired by EarthLink.
The company was majority owned by Welsh, Carson, Anderson & Stowe.
History
The company was funded by ITC Holding Company.
In October 1997, the company became a public company via an initial public offering.
In 1999, the company acquired Scientific Telecommunications. The company also acquired AvData Systems for $28 million.
In March 2001, ITC Holding made an additional $150 million investment in the company.
In July 2001, Larry F. Williams was named chairman and chief executive officer of the company.
In June 2002, the company filed for bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor ...
protection. It emerged from bankruptcy protection in October 2002.
In 2003, the company merged with Business Telecom.
In 2006, the company changed its name from ITC Deltacom to Deltacom after ITC Holding Company no longer owned a controlling interest.
In December 2010, the company was acquired by EarthLink.
References
{{Authority control Companies based in Huntsville, Alabama American companies established in 1997 Telecommunications companies of the United States EarthLink 2010 disestablishments in the United States