Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Excel_Communications> ?p ?o }
Showing triples 1 to 82 of
82
with 100 triples per page.
- Excel_Communications abstract "Excel Communications was founded in 1988 by Dallas entrepreneur Kenny Troutt as a long distance reseller in the US telecom sector at the birth of telecom deregulation. It began selling franchises using a multi-level marketing (MLM) business model, eventually selling over 200,000 of these franchises, or an average of 1 franchise for each 20 customers. In seven years, it became the fourth-largest long distance carrier in America and the youngest billion-dollar-annual company in history (8 years as compared to the second fastest growing, Microsoft, which took 15 years). On May 10, 1996, Excel became the youngest company ever to join the New York Stock Exchange (NYSE), trading under the symbol (ECI). The ceremonial honor of ringing the opening bell was afforded to Kenny Troutt as the company he founded began its first day of public trading, with an offering of 11.5 million shares of common stock. In June 1997, Excel acquired Telco Communications Group, one of the nation's 10 largest long-distance phone companies with its own nationwide fiber-optic network. Before the purchase, Excel had to resell long distance service through other companies networks, such as Frontier Communications. In November 1998, Excel merged with Teleglobe. Kenny Troutt retired as CEO on September 20, 1999 and was replaced by Christina Gold.Excel had entered the local phone service market more aggressively than smaller competitors such as MCI. The gross margins associated with long-distance telephone service dropped precipitously during the period from 1998 through 2003 due to the entry of numerous competitors and additional line capacity. The profitability of Excel and almost every other telecommunications firm dependent upon long-distance calling dropped precipitously.Excel/Teleglobe was taken over by Teleglobe's major share holder, Bell Canada. Bell Canada then demoted Excel separately to a subsidiary and eventually spun it off to a private company, VarTec Communications, which required FTC approval to return to the private sector. After approval, VarTec continued the network marketing business model. On November 1, 2004, VarTec Communications (the parent corporation of Excel) unexpectedly filed for Chapter 11 bankruptcy protection. Excel sought to be released from its contracts with its independent representatives. This allowed it to continue to receive revenue from its large base of installed customers without paying eternal commissions to the franchisees. Excel continued to operate but ceased to be a multi-level marketing company. Although the change created much cash enabling it to pay creditors, it was seen as shortsighted by the franchisee association because it removed the primary source of sales and customer loyalty. In September 2005 the Federal Communications Commission (FCC) approved the transfer of licenses to Comtel Telecom Assets, LLP and on June 12, 2006 the company emerged from bankruptcy under its new ownership, announcing a return to a slightly revised version of its former name, Excel Telecom. On March 16, 2010, Matrix Business Technologies announced it would acquire the customers and substantially all the assets of Comtel Telecom Assets, LLP.".
- Excel_Communications extinctionYear "2004".
- Excel_Communications fate "Bankrupted, acquired by Comtel Telecom Assets".
- Excel_Communications foundedBy Kenny_Troutt.
- Excel_Communications industry Multi-level_marketing.
- Excel_Communications industry Telecommunication.
- Excel_Communications service Interexchange_carrier.
- Excel_Communications wikiPageExternalLink www.excel.com.
- Excel_Communications wikiPageID "29425827".
- Excel_Communications wikiPageLength "6295".
- Excel_Communications wikiPageOutDegree "28".
- Excel_Communications wikiPageRevisionID "642258905".
- Excel_Communications wikiPageWikiLink Bankruptcy.
- Excel_Communications wikiPageWikiLink Bell_Canada.
- Excel_Communications wikiPageWikiLink CEO.
- Excel_Communications wikiPageWikiLink Category:Companies_based_in_Irving,_Texas.
- Excel_Communications wikiPageWikiLink Category:Companies_established_in_1988.
- Excel_Communications wikiPageWikiLink Category:Defunct_multi-level_marketing_companies.
- Excel_Communications wikiPageWikiLink Chapter_11.
- Excel_Communications wikiPageWikiLink Chapter_11,_Title_11,_United_States_Code.
- Excel_Communications wikiPageWikiLink Chief_executive_officer.
- Excel_Communications wikiPageWikiLink Common_stock.
- Excel_Communications wikiPageWikiLink Crown_Publishing_Group.
- Excel_Communications wikiPageWikiLink Dallas.
- Excel_Communications wikiPageWikiLink Federal_Communications_Commission.
- Excel_Communications wikiPageWikiLink Frontier_Communications.
- Excel_Communications wikiPageWikiLink Interexchange_carrier.
- Excel_Communications wikiPageWikiLink Kenny_Troutt.
- Excel_Communications wikiPageWikiLink MCI_Inc..
- Excel_Communications wikiPageWikiLink Matrix_Business_Technologies.
- Excel_Communications wikiPageWikiLink Microsoft.
- Excel_Communications wikiPageWikiLink Multi-level_marketing.
- Excel_Communications wikiPageWikiLink New_York_Stock_Exchange.
- Excel_Communications wikiPageWikiLink Telco_Communications_Group.
- Excel_Communications wikiPageWikiLink Telecommunication.
- Excel_Communications wikiPageWikiLink Telecommunications.
- Excel_Communications wikiPageWikiLink Teleglobe.
- Excel_Communications wikiPageWikiLink Texas.
- Excel_Communications wikiPageWikiLink VSNL_International_Canada.
- Excel_Communications wikiPageWikiLink VarTec_Communications.
- Excel_Communications wikiPageWikiLinkText "Excel Communication, Inc.".
- Excel_Communications wikiPageWikiLinkText "Excel Communications".
- Excel_Communications fate "Bankrupted, acquired by Comtel Telecom Assets".
- Excel_Communications founded "in Dallas, Texas, United States".
- Excel_Communications founder Kenny_Troutt.
- Excel_Communications hasPhotoCollection Excel_Communications.
- Excel_Communications industry Multi-level_marketing.
- Excel_Communications industry Telecommunication.
- Excel_Communications industry Telecommunications.
- Excel_Communications name "Excel Communications".
- Excel_Communications services Interexchange_carrier.
- Excel_Communications wikiPageUsesTemplate Template:Advert.
- Excel_Communications wikiPageUsesTemplate Template:Cite_book.
- Excel_Communications wikiPageUsesTemplate Template:Infobox_company.
- Excel_Communications wikiPageUsesTemplate Template:No_footnotes.
- Excel_Communications wikiPageUsesTemplate Template:Reflist.
- Excel_Communications subject Category:Companies_based_in_Irving,_Texas.
- Excel_Communications subject Category:Companies_established_in_1988.
- Excel_Communications subject Category:Defunct_multi-level_marketing_companies.
- Excel_Communications type Agent.
- Excel_Communications type Article.
- Excel_Communications type Company.
- Excel_Communications type Organisation.
- Excel_Communications type Article.
- Excel_Communications type Company.
- Excel_Communications type Establishment.
- Excel_Communications type Organization.
- Excel_Communications type Organization.
- Excel_Communications type Organization.
- Excel_Communications type Agent.
- Excel_Communications type SocialPerson.
- Excel_Communications type Thing.
- Excel_Communications type Q43229.
- Excel_Communications comment "Excel Communications was founded in 1988 by Dallas entrepreneur Kenny Troutt as a long distance reseller in the US telecom sector at the birth of telecom deregulation. It began selling franchises using a multi-level marketing (MLM) business model, eventually selling over 200,000 of these franchises, or an average of 1 franchise for each 20 customers.".
- Excel_Communications label "Excel Communications".
- Excel_Communications sameAs m.01n_63.
- Excel_Communications sameAs Q5419394.
- Excel_Communications sameAs Q5419394.
- Excel_Communications wasDerivedFrom Excel_Communications?oldid=642258905.
- Excel_Communications homepage www.excel.com.
- Excel_Communications isPrimaryTopicOf Excel_Communications.
- Excel_Communications name "Excel Communications".