They heard you! PTGi ICS, the International Carrier Services group of Primus Telecommuncations Group International has announced that its highly successful online wholesale minute trading platform has been enhanced to include more a more simplified user interface to help users navigate the platform more effectively. The new platform provides users with more visibility to leverage market [...]
PTGi International Carrier Services (ICS), a wholly-owned subsidiary of PTGi (Primus Telecommunications Group, Incorporated) – OTCBB: PMUG achieves its first wholesale collaboration since acquiring Arbinet Corporation through the offering of a cloud-based CDR storage solution developed by IceHook Systems. Known as Slinger, the cloud-based solution provides an easy-to-use, modern-day alternative to traditional data backup services. It [...]
Arbinet and Primus announced today the pending aquisition of Arbinet by Primus. The all stock transaction deal will allow both companies to provide both companies increased scale, market position and global reach. The announcement is only the beginning of the process. The deal still needs to be approved by regulatory officials and Board of Directors of both companies. In addition, the agreement also contains a 'go-shop' provision that allows Arbinet to solicit alternative proposals from third parties over the next 45 calendar days.