BNET Industries
Last Fiscal Year Sales:$387.7M
- Private
- US
Dow Jones Description
Businesses communicate better with US LEC. Founded in 1996 and headquartered in Charlotte, NC, US LEC Corp. is a competitive local exchange carrier. The company serves about 26,000 businesses in 16 states in the US East. It offers local and long-distance voice services, data services, and internet access, and is expanding into video, VoIP, and Ethernet local loop. The company had 2005 revenue of about $387.7 million and employs about 1,130 people. In April 2005, it completed the integration of StarNet, which it had purchased in late 2004.
Number of Employees 1,128
Contact Information
Morrocroft III 6801 Morrison Blvd
Charlotte, North Carolina 28211
(704) 319-1000
Peer Companies
NAICS Code Wired Telecommunications Carriers: 517110
News & Analysis
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us lec corp. - All News and Analysis
PAETEC Holding Corp. Announces Fourth Quarter and Full Year 2007 Results
FAIRPORT, N.Y. -- PAETEC Holding Corp. (NASDAQ GS: PAET) today announced fourth quarter and full year 2007 financial and operating results. "2007 was an exciting year for PAETEC, finishing on a very positive note with strong fourth quarter results," said PAETEC Chairman and CEO, Arunas A. Chesonis. "2008 marks PAETEC's...
PAETEC Holding Corp. Announces Third Quarter 2007 Results
FAIRPORT, N.Y. -- PAETEC Holding Corp. (NASDAQ GS: PAET) today announced third quarter 2007 financial and operating results. "We are very pleased with our third quarter results, highlighted by strong revenue growth, as well as continued margin and free cash flow expansion," said PAETEC Chairman and CEO Arunas A. Chesonis....
Telecom companies' merger worries Bell competitors
Broadview Networks Holdings Inc. is acquiring InfoHighway Communications, creating a telecommunications company with more than $500 million in annual revenue. The companies did not disclose financial terms of the deal. InfoHighway adds $120 million in annual revenue to Broadview. Combined, the companies have 1,425 employees and 80,000 business customers from...
Correction for US LEC Corp.
M2 PRESSWIRE-26 February 2007-Large Cap News: Correction for US LEC Corp.C1994-2007 M2 COMMUNICATIONS LTD RDATE:26022007 Correction for US LEC Corp. Should have read: Fast-growing CLEC (competitive local-exchange carrier) US LEC is lighting up switchboards across the...
Daily Market Alert for US LEC Corp.
M2 PRESSWIRE-26 February 2007-Biotech News: Daily Market Alert for US LEC Corp.C1994-2007 M2 COMMUNICATIONS LTD RDATE:26022007 Iko iko unday! Icagen wants to set the market for ion channel modulators on fire. The development-stage biotech focuses on drugs to regulate the inflow...
US LEC EXPANDS MPLS VPN DATA NETWORK.
US LEC Corp. (NASDAQ:CLEC), Charlotte, N.C. a full-service provider of IP, data and voice solutions to businesses and enterprise organizations throughout the Eastern United States, has announced the expansion of its MPLS VPN data network that can now provide scalable and secure connectivity both nationally and...
US LEC LAUNCHES NEW FIREWALL IP/VPN SERVICE.
US LEC Corp. (NASDAQ:CLEC), Charlotte, N.C., a full-service provider of IP, data and voice solutions to businesses and enterprise organizations throughout the Eastern United States, today announced the launch of its Small/Medium Branch SMB Firewall service. This new offering expands upon the success of its existing...
Us Lec Expands Ethernet Local Loop In 5 Southeast States
US LEC Corp. (NASDAQ:CLEC), a full-service provider of IP, data and voice solutions to businesses and enterprise organizations throughout the Eastern United States, has announced the availability of its Ethernet Local Loop transport service to the following cities and their surrounding areas: Birmingham and Mobile, Ala.; Raleigh, N.C.; Charleston, S.C.;...
HIGH FLIERS
A year ago, Frank Black gave this characteristically optimistic outlook on the economy: "You've got oil prices sky high, interest rates going up, and the market refuses to go down. It's time for the good news." The CEO of Charlotte-based Southeast Investments N.C. was right. "No. 1, [the Fed] quit...
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