Deltacom

Deltacom, known as ITC^Deltacom until 2006, was a regional competitive local exchange carrier 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.

Deltacom, Inc.

Industry	Telecommunications
Fate	Acquired by EarthLink
Founded	1997 (1997)
Defunct	2010 (2010)
Headquarters	Huntsville, Alabama
Key people	Randall E. Curran, CEO Richard E. Fish, Jr., CFO
Services	Plain old telephone service Internet Service Frame Relay Asynchronous Transfer Mode
Number of employees	2,000
Website	www.deltacom.com/

In December 2010, the company was acquired by EarthLink.[1]

The company was majority owned by Welsh, Carson, Anderson & Stowe.[2][3]

History

Front entrance of the Deltacom corporate home office in Huntsville, AL

Entrance sign at the Deltacom operations center in Anniston, Alabama

The company was funded by ITC Holding Company.

In October 1997, the company became a public company via an initial public offering.[4]

In 1999, the company acquired Scientific Telecommunications.[5] The company also acquired AvData Systems for $28 million.[6]

In March 2001, ITC Holding made an additional $150 million investment in the company.[7]

In July 2001, Larry F. Williams was named chairman and chief executive officer of the company.[8]

In June 2002, the company filed for bankruptcy protection.[9] It emerged from bankruptcy protection in October 2002.

In 2003, the company merged with Business Telecom.[10][3]

In 2006, the company changed its name from ITC Deltacom to Deltacom after ITC Holding Company no longer owned a controlling interest.[11]

In December 2010, the company was acquired by EarthLink.[1]

References

1. "EarthLink Completes ITC^DeltaCom Acquisition" (Press release). PRNewswire. December 8, 2010.
2. "SEC Form SC 13D/A -- General statement of acquisition of beneficial ownership [amend]". U.S. Securities and Exchange Commission. April 6, 2005.
3. "No. 7: Merger of BTI with ITC DeltaCom". American City Business Journals. February 9, 2004.
4. "ITC Deltacom Inc". NASDAQ.
5. "ITC DeltaCom buys Mississippi firm". American City Business Journals. August 17, 1999.
6. "AvData and ITC^DeltaCom to merge". American City Business Journals. April 16, 1999.
7. Moran, Brian (March 12, 2001). "ITC^DeltaCom to receive $150M cash infusion". American City Business Journals.
8. "ITC DeltaCom Inc. names CEO, reports net loss". American City Business Journals. July 24, 2001.
9. Credeur, Mary Jane (June 26, 2002). "ITC^DeltaCom files Chapter 11". American City Business Journals.
10. Robertson, Rob (July 10, 2003). "ITC DeltaCom, BTI to merge operations". American City Business Journals.
11. "Notification of Name Change". March 24, 2006.