BNET Industries
Market Cap:$230.7M
Last Fiscal Year Sales:$29.1M
- Public
- US
Dow Jones Description
Investment Fund
President
Clifford M. NoreenContact Information
c/o Babson Capital Management LLC 1500 Main St Ste 600
Springfield, Massachusetts 01115
(413) 226-1516
Peer Companies
NAICS Code Floor Covering Stores: 442210
News & Analysis
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carrier and mci inc. - All News and Analysis
iBasis Tops International Wholesale Carrier Rankings for Fourth Consecutive Year in ATLANTIC-ACM Study; Independent Ratings of Major Wholesale Carriers Places VoIP Leader Ahead of AT&T, MCI, Sprint, Deutsche Telekom, Teleglobe
- 2005-05-24
BURLINGTON, Mass. -- iBasis, Inc. (OTCBB: IBAS), a leader in international long distance, VoIP, and prepaid calling cards, today announced that rankings by carriers place the company as the world's best international wholesale carrier overall for the fourth year in a row in ATLANTIC-ACM's annual carrier study. The study, Global...
Competitive Carriers Challenge Telecom Mergers
- 2005-03-15
WASHINGTON -- Six of the nation's largest competitive carriers and customers today announced the formation of a working group whose purpose will be to challenge the Verizon/MCI and SBC/AT&T mergers, which threaten the significant benefits enjoyed by consumers and businesses as a result of competitive choice. At present, the group...
Don't gloat over the carriers' troubles.(Consultant's Corner)
- 2004-10-01
AT & T was much in the news this summer, and most of the news was bad. In July, AT & T acknowledged that 2Q revenues had fallen 13.2 percent, to $7.6 billion, and business enterprise revenues had declined 13 percent, to $5.6 billion. The ...
WorldCom: past memories, future scenarios. (Consultant's Corner).(Column)
- 2002-08-01
When the news of WordCom's accounting debacle came out on June 26, I took it personally, because I was there at the beginning of MCI some 30 years ago: I ordered the first circuit on MCI's Chicago-to-New York route. My interest...
Iowa Board: Consumers Should Heed Long-Distance Carriers' Rate Disclosure.
- 2001-08-01
By Dave DeWitte, The Gazette, Cedar Rapids, Iowa Knight Ridder/Tribune Business News Aug. 1--Long distance carriers may see an increase in comparison shopping today, when new federal regulations take effect requiring them to give customers the same information about rate plans and rate changes...
Carriers: Please Don't Deregulate Us
- 2000-05-01
The FCC got a big win Friday, when the court rejected an attempt by MCI WorldCom [WCOM] and other carriers to overturn an FCC decision scrapping longdistance tariff filing. That's right -- the carriers were arguing, for perhaps the only time in memory, in favor of maintaining a form...
MCI Moves Ahead in Wireless Broadband.(Brief Article)
- 2000-03-20
MCI WorldCom Inc. has found a way to get wireless-broadband services up and running without waiting for the government to issue two-way MMDS licenses, allowing the carrier to both test the technology and refine its market plan for planned rollouts MCI WorldCom Inc....
South Of The Border
- 1999-03-18
AT&T [T] and MCI WorldCom [WCOM] have reached a tentative accord with Telefonos de Mexico S.A. de C.V. [TMX] Telmex that will end their dispute over the Mexican carrier's controversial fees to connect international calls (CT, 8/11). After its hand was forced by the intervention of FCC Chairman William...
Voice service: confusion growing, prices falling.(includes related articles on the costs of interexchange switched voice systems)(Industry Overview)
- 1999-02-01
Bundling is becoming the byword for data and voice services over upgraded networks. Cutting the best deal in today's telecom marketplace is not getting any easier, even though overall prices continue to remain steady or are even getting lower ...
Long Distance Carriers Profit from New Residential Line Charge.
- 1998-05-05
Knight Ridder/Tribune Business News May 5--The big three long-distance carriers AT&T, MCI and Sprint are turning a healthy profit from a new fee showing up on residential phone bills. But the companies say they aren't making money overall on the fees because of losses suffered...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Clifford M. Noreen | President |
| William J. Barrett | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Donald Glickman | Board of Directors |
| Marshall D Butler | Board of Directors |
| Martin T. Hart | Board of Directors |
| Robert E. Joyal | Board of Directors |
President (since 2008), Vice Chairman (2007-2008), Member of the Board of Managers (since 2006), Managing Director, Babson Capital; President (2005 - 1/2009), Vice President (1993- 2005) of the Trusts. Vice President (since 1996), HYP Management LLC (LLC Manager); Director (since 2005), MassMutual Corporate Value Limited (investment company); Director (since 2005), MassMutual Corporate Value Partners Limited (investment company); Senior Vice President (since 1996), MMHC Investment LLC (passive investor); Managing Director (since 2006), MassMutual Capital Partners LLC (investment company); Director (since 2008), Jefferies Finance LLC (a finance company); Member of Investment Committee (since 1999), Diocese of Springfield.
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | President | Current |
| MassMutual Corporate Investors | Chair of Board | Current |
Chairman (since 1992), Donald Glickman and Company, Inc. (private investments); and Partner (since 1992), J.F. Lehman & Co. (private investments). Director (since 1984), Monro Muffler and Brake, Inc. (automobile repair service); and Lead Director (since 1998), MSC Software Corp. (simulation software).
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | Board of Directors | Current |
| MassMutual Participation Investors | Board of Directors | Current |
| Monro Muffler Brake, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Infinity Venture Capital Fund | Chairman of the Board | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| Alpha Technologies | Board of Directors | Current |
| Kyocera Corporation | Director | Former |
MARTIN T. HART has been a director of ValueClick since March 1999. Mr. Hart has been a private investor in the Denver area since 1969. He has owned and developed a number of companies into successful businesses, and has served on the board of directors for many public and private corporations. Presently, Mr. Hart is serving on the board of the following public companies: MassMutual Corporate Investors, an investment company; MassMutual Participation Investors, an investment company; Texas Roadhouse, a restaurant chain; and Spectranetics Corporation, a medical device company. He also continues to serve on the board of directors of several private companies. Mr. Hart graduated with a B.A. from Regis University and is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| ValueClick, Inc. | Director | Current |
| Private Lessons Channel | Board Member | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| Mediaplex | Director | Current |
| Texas Roadhouse, Inc. | Board of Directors | Current |
| The Spectranetics Corporation | Board Director | Current |
| Willie's Corner | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Beacon Power Corporation | Current | |
| Private Equity | Director | Current |
| Scottish Re Limited | Board of Directors | Current |
| Corporate Governance | Board of Directors | Current |
| Alabama Aircraft Industries, Inc. | Director | Current |
| Jefferies Group, Inc. | Director | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| MassMutual Corporate Investors | Trustee | Current |
| MassMutual Corporate Investors | trustee | Former |
William J. Barrett , 69, Secretary of the Company since 2001, was a director of the Company from 1996 to 1997 and rejoined the Board of Directors in 2001. Mr. Barrett is President of Barrett-Gardner Associates, Inc., a private merchant banking firm; Director of MassMutual Corporate Investors and MassMutual Participation Investors, closed-end investment trusts; Director, Executive Vice President, Assistant Treasurer and Secretary of Supreme Industries, Inc., a specialized manufacturer of truck bodies and shuttle buses; Director of TGC Industries, Inc., a geophysical services company; and Chairman of the Board of Rumson-Fair Haven Bank and Trust Company, a New Jersey state independent, commercial bank and trust company.
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | Director | Current |
| Chase Packaging Corp | Secretary | Current |
| Tgc Industries, Inc. | Director | Current |
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Glass Door
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