RCN
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RCN Acquired by Private Equity Firm
3/5/10 at 3:07 PM by Telecompetitor
HERNDON, VA, Mar 05, 2010 (MARKETWIRE via COMTEX News Network) -- RCN Corporation (NASDAQ: RCNI) and ABRY Partners today announced their entry into a definitive agreement for an investment fund managed by ABRY to acquire RCN for total consideration of approximately $1.2 billion, including the assumption of debt. As part of this agreement, each share of RCN common stock issued ...
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RCN Brings Wideband to SMB Market
11/4/09 at 11:32 PM by Telecompetitor
RCN Business Services to Offer Wideband Cable Modem Options to Small, Medium Sized Businesses Over Its Own Fiber-Rich Backbone
HERNDON, VA, Nov 02, 2009 (MARKETWIRE via COMTEX News Network) -- RCN Corporation (NASDAQ: RCNI) announced today that RCN Business Services is expanding its data product suite by introducing wideband cable modem offerings through the rollout of DOCSIS 3.0 technology to the ...
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RCN Has All Digital in its Sights
1/21/09 at 10:47 AM by Telecompetitor
HERNDON, Va., Jan 20, 2009 (BUSINESS WIRE) -- RCN Corporation (NASDAQ: RCNI), a leading provider of all-digital television, high-capacity data, and voice services to residential, business customers and service providers, is nearing completion of its highly successful Analog Crush(SM) project in all major markets. By the end of this month, RCN expects to achieve 100% digital penetration in all metro ...
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RCN to Join DOCSIS 3.0 Club
7/10/08 at 11:08 PM by Telecompetitor  RCN is looking to wideband to keep up with its competitors, which include Comcast, Time Warner, and Verizon. RCN is a scrappy overbuilder, and is often the third triple play option in many Northeast markets including Boston, Philadelphia, and New York. Its competitors have announced the move to DOCSIS 3.0, or in Verizon’s case, utilize FTTH. Speaking from a bandwidth perspective, RCN ...
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RCN Fights Back with Improved VOD
3/31/08 at 8:22 AM by Telecompetitor RCN, a Herndon, Virginia based triple play provider, announced a dramatic increase in its video on demand portfolio, “almost doubling” its content library. RCN is also upgrading its VOD technology platform to allow new VOD choices, including HD VOD, an intuitive on-demand portal and “virtual on-demand.” The upgraded platform will be available to RCN’s digital customers in Boston, Chicago, New York, Penn. and ...
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RCN Launches VoIP Service
1/14/08 at 10:43 AM by Telecompetitor  RCN, a Virginia based CLEC, announced the launch of VoIP services, branded as Starpower Internet Phone Service. RCN will be using a hosted VoIP platform offered by deltathree for the service. They plan to target customers both inside and outside of their existing footprint. The service will start at $24.95/month for unlimited local and long distance calling. They will also offer an ...
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Look Out Cable and DBS, Here Comes Verizon FiOS
8/8/07 at 8:29 AM by Telecompetitor  There is some encouraging news for Verizon FiOS, relative to competing against cable and DBS. OneTRAK, a Colorado based market research firm, has released a study highlighting market penetration of FiOS in several Massachusetts markets. They conclude that approximately 60% of FiOS video customers are coming from cable (Comcast and RCN in this case), with the remaining ...
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RCN CEO: We Want To Take Market Share From Verizon And Comcast
5/21/07 at 11:46 AM by Telecompetitor
RCN , a mid-atlantic based triple play competitor, CEO Peter Aquino says his company is built on taking away market share from both Verizon and Comcast. RCN is a feisty triple play CLEC, having emerged from chapter 11 bankruptcy in 2004. Their latest competitive offering includes trialing a quad play in Boston with a wireless component.
Read Aquino’s ...
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