BNET Industries
Last Fiscal Year Sales:$1.0B
- Private
- US
Dow Jones Description
Wholesale Telecommunications Services
President, CEO & Chief Legal Officer
Michael G. HoffmanNumber of Employees 2,900
Peer Companies
NAICS Code Wired Telecommunications Carriers: 517110
News & Analysis
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vartec telecom inc. - All News and Analysis
Ruling in Dallas phone company case favors independent sales representatives.
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News Nov. 23--VarTec Telecom Inc. is finding that breaking up is hard to do. The Dallas phone company's effort to sever ties with 130,000 independent sales representatives for its Excel...
VarTec Telecom Inc. seeks relief, files for bankruptcy protection.
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News Nov. 2--VarTec Telecom Inc. succumbed to the mounting pressures of its large debt and falling revenue and filed for bankruptcy protection Monday, citing an urgent need for new capital. ...
VarTec Telecom confirms 200 layoffs.
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News Oct. 20--VarTec Telecom Inc. confirmed Tuesday that it laid off approximately 200 employees this week as it continues to struggle with falling long-distance revenue and rates. The Dallas-based...
VarTec Telecom Inc. reaches new deal for debt.
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News Oct. 9--VarTec Telecom Inc. said Friday that it has renegotiated $334 million in debt, giving the struggling phone company room to maneuver. The Dallas long-distance discounter said it paid...
SBC sues VarTec Telecom, other firms.
The Dallas Morning News Knight Ridder/Tribune Business News Oct. 1--SBC Communications Inc. filed a lawsuit alleging that Dallas-based VarTec Telecom Inc., four other phone companies and 10 unnamed individuals conspired to defraud the telecommunications giant of millions in telephone fees. ...
VarTec Telecom Inc. faces default as anxious sales representatives gather.
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News Aug. 31--VarTec Telecom Inc., the troubled Dallas phone company, has two engagements today that could help determine its fate. A Washington finance cooperative may declare the company in default ...
VarTec Telecom Inc. reportedly can't pay on loans.
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News Aug. 25--Troubled long-distance company VarTec Telecom Inc. has told a creditor that it can't make principal payments on $340 million in loans, according to a securities filing. The...
The Record, Hackensack, N.J., Your Money's Worth Column.
By Kevin DeMarrais, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Mar. 23--It never ceases to amaze me how many lousy long-distance calling plans are being promoted. Last week I got two offers in the mail, and it's hard to ...
VarTec Telecom Files Suit Against BCE, BCE Ventures and William Anderson.
DALLAS, TEXAS, Dec 2, 2002 CCNMatthews via COMTEX Today, VarTec Telecom, Inc. and VarTec Holding Company ("VarTec") announced that it had filed suit against BCE, Inc., BCE Ventures, Inc. and William D. Anderson (collectively, "BCE") in Federal District Court in Dallas, Texas alleging ...
VarTec Telecom Files Suit Against BCE, BCE Ventures and William Anderson
Business Editors & Legal Writers DALLAS--BUSINESS WIRE--Dec. 2, 2002 Today, VarTec Telecom, Inc. and VarTec Holding Company ("VarTec") announced that it had filed suit against BCE, Inc., BCE Ventures, Inc. and William D. Anderson (collectively, "BCE") in Federal District Court in Dallas, Texas alleging that BCE defrauded VarTec...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michael G. Hoffman | President, CEO & Chief Legal Officer |
| Chris Chambless | Vice President, Marketing |
| Organization | Position | Status |
|---|---|---|
| Vartec Telecom, Inc. | President, CEO & Chief Legal Officer | Current |
| Organization | Position | Status |
|---|---|---|
| VarTec Solutions, Inc. | Vice President, Marketing | Current |
| Vartec Telecom, Inc. | Vice President, Marketing | Current |
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