BNET Industries
Last Fiscal Year Sales:$425.4M
- Private
- US
Dow Jones Description
This company wants to help people to connect. Founded in 1990 and headquartered in Englewood, CO, ICG Communications, Inc. distributes phone, voice, and data services to the telecommunications industry. It offers three main services: Dial-Up, Point-to-Point Broadband, and Corporate Services. The company has interconnection contracts with every chief local exchange carrier, in addition to being certified in most states in the country. The company had last reported revenue in 2003 of about $349 million and employs about 900 people. In May 31, 2006, it was acquired by Level 3 Communications, Inc. a privately held Colorado-based telecommunications company. Level 3 paid total consideration of 25,975,088 unregistered shares of Level 3 common stock and approximately $45 million in cash.
President & CEO
Dan CarusoNumber of Employees 891
Contact Information
Ste 250 9800 Pyramid Ct
Englewood, Colorado 80112-2666
1 720 888 2517
Peer Companies
NAICS Code Wired Telecommunications Carriers: 517110
News & Analysis
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icg communications inc. - All News and Analysis
Fitch Comments on Level 3's Acquisition of ICG Communications
CHICAGO -- Fitch views the recent announcement by Level 3 Communications, Inc. (Level 3) to acquire ICG Communications, Inc. ICG as a modest credit positive and consistent with our current rating rationale. Fitch Ratings affirmed the debt ratings, with a stable outlook, of Level 3 on April 3, 2006. Fitch...
ICG Communications sells networking operating assets in California.
The Denver Post Knight Ridder/Tribune Business News Oct. 24--Arapahoe County-based ICG Communications Inc. has agreed to sell ICG customers and certain network operating assets in California to Mpower Holding Corp. Under the terms of the sale, Mpower will issue 10,740,030...
Stock Watch Alert for Tueday, July 20 2004: ICGC.
M2 PRESSWIRE-20 July 2004-StockGrid.com: Stock Watch Alert for Tueday, July 20 2004: ICGCC1994-2004 M2 COMMUNICATIONS LTD RDATE:07202004 Sarasota, FL - StockGrid.com Stocks to Watch on Tueday, July 20 2004 that made www.StockGrid.com on Monday, July 19, 2004 include: ICG...
Venture firms to buy troubled Colorado-based ICG Communications.
By Tom McGhee, The Denver Post Knight Ridder/Tribune Business News Jul. 20--A pair of venture-capital companies will buy financially battered ICG Communications in a $104 million deal that could save the company from collapsing into bankruptcy for a second time. MCCC...
ESR Tracks Progress for ICG Communications.
M2 PRESSWIRE-19 July 2004-Emerging Stock Report: ESR Tracks Progress for ICG CommunicationsC1994-2004 M2 COMMUNICATIONS LTD RDATE:07192004 The Emerging Stock Report believes that investors should keep a close eye on ICG Communications Inc (OTCBB:ICGC), a communications provider focused on delivering data and...
Stock Watch List for Wednesday, May 12, 2004: ICGC, KTHK, CWMS.
M2 PRESSWIRE-12 May 2004-StockGrid.com: Stock Watch List for Wednesday, May 12, 2004: ICGC, KTHK, CWMSC1994-2004 M2 COMMUNICATIONS LTD RDATE:05122004 Sarasota, FL - Stocks to Watch on Wednesday, May 12, 2004 that made www.StockGrid.com on Tuesday, May 11, 2004 include: ...
Level 3 acquires wholesale dial access business from ICG Communications; Agreement expands Level's relationship with leading ISP's incremental revenue of $35 million expected for Level 3 in 2004.
M2 PRESSWIRE-1 April 2004-Level 3 Communications: Level 3 acquires wholesale dial access business from ICG Communications; Agreement expands Level's relationship with leading ISP's incremental revenue of $35 million expected for Level 3 in 2004C1994-2004 M2 COMMUNICATIONS LTD RDATE:03312004 BROOMFIELD, Colo....
Level 3 acquires wholesale dial access business from ICG Communications; Agreement expands Level 3`s relationship with leading ISPs; Incremental revenue of $35 million expected for Level 3 In 2004.
M2 PRESSWIRE-1 April 2004-Level 3 Communications: Level 3 acquires wholesale dial access business from ICG Communications; Agreement expands Level 3`s relationship with leading ISPs; Incremental revenue of $35 million expected for Level 3 In 2004C1994-2004 M2 COMMUNICATIONS LTD RDATE:03312004 BROOMFIELD,...
Arapahoe County, Colo.-Based ICG Communications Plans to Cut 100 Jobs.
By Kris Hudson, The Denver Post Knight Ridder/Tribune Business News Nov. 18--ICG Communications will cut 100 jobs before the end of the year and may sell some of its assets because a lucrative service contract with Qwest came undone in October. ...
Will Former Chapter 11 Telcos Make It?
With the number of bankrupt carriers emerging from Chapter 11 protection on the rise, there are those who already predict a spate of "Chapter 22" filings--featuring carriers going through their second Chapter 11 experience. WorldCom, ICG Communications, Flag Telecom, ITC Deltacom, Covad [COVD], McLeod USA [MCLD] and WilTel--with Global Crossing...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Dan Caruso | President & CEO |
| Lucy Strupp | President, Milestone Marketing |
| Michael D. Kallet | CTO & Executive Vice President, Operations |
| Rob Schmiedeler | CFO |
| John Scarano | Executive Vice President, Corp Development |
| Marty Snella | Executive Vice President |
| Dennis Kyle | Senior Vice President, Sales & Business Development |
| Gary Dupler | Senior Vice President, Network Planning & Optimization |
| Alicia Burke | Vice President, Service Activation |
| Lisa Pierce | Vice President |
| Matt Erickson | Vice President, Marketing & Product Management |
| Richard Bambach Jr. | Vice President |
| Susan Koehler | Director, Corp Communications |
| Joni Roberts | Reg Sales Manager |
| Will Briggs | Reg Sales Manager |
| James Paul | |
| Kevin Nystrom | |
| Leontis Teryazos |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Gillis Cashman | Board of Directors |
| Jim Fleming | Board of Directors |
| John Siegel | Board of Directors |
| Peter Claudy | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | President & CEO | Current |
| Icg, Inc. | President and CEO | Current |
| Zayo Group, Inc. | Chairman & CEO | Current |
| New Global Telecom Inc. | Owner, Bear Equity | Current |
| Envysion, LLC | Executive Chairman | Current |
| ICG Communications, Inc. | Board of Directors | Current |
| Stuffbak | Board Member | Current |
| New Global Telecom Inc. | Board of Directors | Current |
| MFS Communications | President | Former |
| Level 3 Communications, Inc. | Group Vice President, Business and Marketing | Former |
| WorldCom, Inc. | Former | |
| University of Chicago | Mba | Former |
| University of Illinois | B.S. Degree | Former |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | President, Milestone Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | CTO & Executive Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | CFO | Current |
| ServiceMagic, Inc. | chief financial officer | Former |
| Tango, Inc. | partner | Former |
| Bradley University | B.S. (Summa Cum Laude) | Former |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Executive Vice President, Corp Development | Current |
| Orange County | elected Town Board member | Current |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Executive Vice President | Current |
| Level 3 Communications, Inc. | Senior Vice President | Former |
| Eastern Washington University | Engineer | Former |
| Lane Community College | Engineer | Former |
| United States Air Force | Engineer | Former |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Senior Vice President, Sales & Business Development | Current |
| Stanford University | Masters degrees | Former |
| Northwestern University | B.S. in Industrial Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Senior Vice President, Network Planning & Optimization | Current |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Vice President, Service Activation | Current |
| Qwest Communications International Inc. | Senior Vice President Worldwide Networks | Former |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Vice President, Marketing & Product Management | Current |
Mr. Bambach has served as Chief Accounting Officer since May 2002, and as Vice President and Corporate Controller since August 2001. Previously, he served as Vice President - External Financial Reporting for Winstar Communications, Inc. from August 1999, and Vice President and Corporate Controller of ICG Communications, Inc. from February 1996.
| Organization | Position | Status |
|---|---|---|
| Bowne & Co., Inc. | Chief Accounting Officer | Current |
| Winstar Communications | Vice President, External Financial Reporting | Current |
| Bowne & Co., Inc. | Vice President | Current |
| ICG Communications, Inc. | Vice President | Current |
| Bowne & Co., Inc. | Corporate Controller | Current |
| Bowne & Co., Inc. | Board of Directors | Current |
| ICG Communications, Inc. | Corporate Controller | Former |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Director, Corp Communications | Current |
| ICG Communications, Inc. | Director, Corp Communications | Former |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Reg Sales Manager | Current |
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Reg Sales Manager | Current |
With responsibility for ReddShell's operations, professional services, and development, James leverages more than 15 years of experience in technology fields. This includes 10 years of software engineering and development, as well as technical project management and systems analysis. Sarbanes-Oxley (Section 404) project management, VISA CISP, and global security strategy skills are just a few of the competencies that James brings to ReddShell's consulting organization. The software development team also benefits from a long, successful track record of managing technical resources in all phases of the software development lifecycle. Prior to ReddShell, James led Enterprise Application Integration projects at ICG Communications, Inc., was Director of Software Engineering at Ecovate, Inc. where he was primarily responsible for developing teleconferencing applications and web-based services, and redesigned multi-million dollar billing systems at Corporate Express. Early career experience includes programmer/analyst time with American Management Systems, Inc., and the US Air/Army National Guard, where he was decorated for his contributions. James has a BS in Business Administration and Management Information Systems from the University of Nebraska at Kearney.
| Organization | Position | Status |
|---|---|---|
| Reddshell Corporation | Executive Vice President | Current |
| ICG Communications, Inc. | Current | |
| Ecovate | Director of Software Engineering | Former |
| American Management Systems, Inc. | Programmer, Analyst | Former |
| University of Nebraska at Kearney | Bs In Business Administration and Management Information Systems | Former |
| Organization | Position | Status |
|---|---|---|
| Kroll Zolfo Cooper | Senior Director | Current |
| Anh Refractories Company | Current | |
| Rand McNally & Company | Current | |
| Marsh & McLennan Companies, Inc. | Current | |
| ICG Communications, Inc. | Current | |
| American Institute of Certified Public Accountants | Board of Directors | Current |
| Kroll Zolfo Cooper | Board of Directors | Current |
| American Institute of Certified Public Accountants | Member | Current |
| National Mortgage Company, Inc. | Executive Vice President and Cfo | Former |
| Company Restructuring | Director | Former |
| University of South Dakota | Degree In Business Administration | Former |
Leontis Teryazos is the President of Letmic Management Inc., a Montreal-based financial advisory firm. Mr. Teryazos works primarily in the healthcare, telecommunications and technology sectors and focuses on assisting companies in the areas of financings and business development with an emphasis on the U.S. markets. Mr. Teryazos has over the last several years assisted such companies as Aurelium BioPharma Inc., a Montreal-based proteomics technology company, Vitalstate, Inc. (VTST/OTC BB), a nutraceutical company, ICG Communications, Inc. (ICG/OTC BB), a U.S. telecommunications service provider, QR Canada Capital (QRI/TSX-V), a venture investment company, Molichem R&D, Inc. a U.S. developer of cystic fibrosis therapeutics, and Energy 2020 Canada Corp, a developer of new internal combustion cylinder head designs. Mr. Teryazos has served on the board of directors of all the above companies with the exception of Energy 2020 and Molichem. Mr. Teryazos graduated from Cornell University in 1965 and the Taft School.
| Organization | Position | Status |
|---|---|---|
| ICG Communications, Inc. | Current | |
| Osta Biotechnologies, Inc. | Director | Current |
| The Taft School | Former | |
| Cornell University | Former |
| Organization | Position | Status |
|---|---|---|
| Mc Venture Partners | Partner | Current |
| Securemedia, Inc. | Director | Current |
| Cavalier Telephone LLC | Director | Current |
| Telution, Inc. | Board Observer | Current |
| ICG Communications, Inc. | Board of Directors | Current |
| Csdvrs, LLC. | Board of Directors | Current |
| Zayo Group, Inc. | Board of Directors | Current |
| Salomon Smith Barney, Inc. | Former | |
| Duke University | AB in economics with distinction | Former |
Jim Fleming joined Columbia Capital in 1994 where he focuses on investments and communication services. Columbia Capital is a venture capital firm specializing in the communications and information technology industries. In addition to his Presidio Networked Solutions board membership, Mr. Fleming is also a member of ICG Communications, NuVox Communications, WCS Wireless and The Tennis Channel. He has been involved with MindSHIFT Technologies, Mobile Satellite Ventures and XM Satellite Radio. He previously held board seats with Taqua and WNP Communications and has worked closely with a number of former Columbia portfolio companies, including NeoWorld and Digital Television Services. Prior to joining Columbia, he served as president of Prime Cellular, an entity involved in the operation of rural cellular markets. Mr. Fleming is a former member of the audit department of Price Waterhouse. He received his B.A. from Stanford University.
| Organization | Position | Status |
|---|---|---|
| Presidio Networked Solutions, Inc. | Partner, Columbia Capital | Current |
| Columbia Capital Corporation | Partner | Current |
| NuVox Communications, Inc. | Board of Directors | Current |
| The Tennis Channel, Inc. | Board of Directors | Current |
| Presidio Networked Solutions, Inc. | Board of Directors | Current |
| ICG Communications, Inc. | Board of Directors | Current |
| Prime Cellular | President | Former |
| Stanford University | B.A. | Former |
| NuVox Communications, Inc. | member | Former |
John Siegel joined Columbia Capital in 2000 and focuses on communication services investments. He is currently a member of the Board of Directors of mindSHIFT Technologies, FDN Communications, ICG Communications, Integrated Solutions, and Netifice Communications. He is also actively involved in Mpower, New Global Telecom, Mobile Satellite Ventures, and MetroPCS Communications. Prior to joining Columbia Capital, John was a member of Morgan Stanley's Private Equity Group, where he specialized in investments in the telecommunications/data services arena. He has held positions with Fidelity Ventures, the private equity division of Fidelity Investments, and the Investment Banking Division of Alex. Brown & Sons, Incorporated. John received his B.A. from Princeton University and his M.B.A. from Harvard Business School.
| Organization | Position | Status |
|---|---|---|
| Mindshift, Inc. | Partner, Columbia Capital | Current |
| Mindshift Technologies, Inc. | Partner | Current |
| Netifice Communications, Inc. | Partner of Columbia Capital | Current |
| Presidio Networked Solutions, Inc. | Partner, Columbia Capital | Current |
| Columbia Capital Corporation | Partner | Current |
| Mobile Satellite Ventures LP | Current | |
| MetroPCS Communications, Inc. | Current | |
| New Global Telecom Inc. | Board of Directors | Current |
| Netifice Communications, Inc. | Board of Directors | Current |
| Presidio Networked Solutions, Inc. | Board of Directors | Current |
| Zayo Bandwidth Inc. | Board of Directors | Current |
| Integrated Solutions, Inc. | Board of Directors | Current |
| Mindshift, Inc. | Member of the Board of Directors | Current |
| Mindshift Technologies, Inc. | Board of Directors | Current |
| Teliris Ltd. | Board of Directors | Current |
| ICG Communications, Inc. | Board of Directors | Current |
| ICG Communications, Inc. | Member | Current |
| Investment Banking | Former | |
| Fidelity Ventures | Former | |
| Private Equity Group, LLC | Board of Directors | Former |
| Harvard Business School | M.B.A. | Former |
| Princeton University | B.A. | Former |
| Private Equity Group, LLC | Member | Former |
| Netifice Communications, Inc. | Member | Former |
| Morgan Stanley | member | Former |
| Organization | Position | Status |
|---|---|---|
| Mc Venture Partners | General Partner | Current |
| ICG Communications, Inc. | Board of Directors | Current |
| New England Venture Capital Association | Board of Directors | Current |
| New Global Telecom Inc. | Former | |
| Western Wireless Corporation | Former | |
| McPartners, Inc. | Former | |
| Clec Company | Former | |
| Florida Digital Network Inc. | Former | |
| McLeodUSA Incorporated | Former | |
| Production Control Services, Inc. | Former | |
| Harvard Business School | Mba | Former |
| Yale College | Ba In History | Former |
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