Inteliquent: Difference between revisions

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{{Short description|American communications company}}
{{multiple issues|
{{advert|date=October 2018}}
{{news release|1=article|date=October 2018}}
{{Systemic bias| see talk|date=April 2021}}
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{{Infobox company
| name = Inteliquent
| logo = Inteliquent_logo.svg
| logo =Inteliquent_Corporate_Logo.png
| type = [[Privately held company|Private]]
| key_people = {{Unbulleted list|Ed O'Hara ([[Chief executive officer|CEO]])|Surendra Saboo ([[President (corporate title)|President]])}}
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'''Inteliquent''' is a [[Communication|communications]] enabler offering network-based voice and messaging services to [[wireless]], [[cable television|cable]], carriers and communication service providers. TheInteliquent's products of Inteliquentservices include voice, toll-free, messaging, and emergency services.communication solutions
 
Inteliquent is privately held by [[GTCR]] and is headquartered in [[Chicago, Illinois]].
Inteliquent was acquired by [[Sinch (company)]] in 2021.<ref name="Sinch" />
 
==History==
In 2003, Inteliquent created the first independent tandem network -, a "network of networks" uniquely interconnecting disparate carrier networks to facilitate the exchange of traffic. This

This network greatly streamlinedsimplified the wayrouting of local transit traffic among [[wireless]], [[Cable Internet access|cable]], [[Competitive local exchange carrier|CLEC]], and [[broadband]] telephony companies routed local transit traffic between one another, andserving formedas thea foundationbasis for latersubsequent interconnection service arrangementsservices.<ref>{{Cite web |title=Inteliquent - Cloud Communication Solutions - Telecom Equipment - OnlyKonnect |url=https://onlykonnect.com/listing/inteliquent-cloud-communication-solutions/ |access-date=2022-12-02 |language=en-US}}</ref>
* '''1997''' - MEANS and MRNet became Onvoy, Inc.{{citation needed|date=October 2023}}
* '''2001''' - Neutral Tandem was incorporated.{{citation needed|date=October 2023}}
* '''2006''' - Completed the installation of a national [[Internet Protocol|IP]] backbone and extended its reach by interconnecting 179 markets.{{citation needed|date=October 2023}}
* '''2003''' - Neutral Tandem's first location opened at 2 North LaSalle Street in Chicago.
* '''2007''' - Neutral Tandem's first public offering on the [[NASDAQ]] exchange under the symbol [http://www.marketwatch.com/investing/stock/iqnt IQNT] and Zayo acquired Onvoy, Inc.
* '''2004''' - Neutral Tandem acquired Origin Communications.
* '''2007''' - Zayo acquired Onvoy, Inc.<ref>{{cite web|url=https://www.lightwaveonline.com/home/article/16672403/zayo-bandwidth-completes-onvoy-acquisition|title=Zayo Bandwidth completes Onvoy acquisition|access-date=2023-10-09}}</ref>
* '''2006''' - Completed the installation of a national [[Internet Protocol|IP]] backbone and extended its reach by interconnecting 179 markets.
* '''2008''' - Neutral Tandem fully transitioned to an all-IP core network. Addedadded terminating and originating switched access services, which are provided in connection with long-distance calls.{{citation needed|date=October 2023}}
* '''2007''' - Neutral Tandem's first public offering on the [[NASDAQ]] exchange under the symbol [http://www.marketwatch.com/investing/stock/iqnt IQNT] and Zayo acquired Onvoy, Inc.
* '''2010''' - Named no. 2 on Crain's Fast 50 (fastest-growing companies by five-year revenue growth).<ref>{{Cite web|url=http://www.chicagobusiness.com/apps/pbcs.dll/article?AID=9999100033493|title=Fast 50 2010 A Look At Chicago's Fastest-Growing Companies|access-date=2016-06-28}}</ref>
* '''2008''' - Neutral Tandem fully transitioned to an all-IP core network. Added terminating and originating switched access services, which are provided in connection with long-distance calls.
* '''2010''' - Named no. 2 on Crain's Fast 50 (fastest-growing companies by five-year revenue growth).<ref>{{Cite web|url=http://www.chicagobusiness.com/apps/pbcs.dll/article?AID=9999100033493|title=Fast 50 2010 A Look At Chicago's Fastest-Growing Companies|access-date=2016-06-28}}</ref> - Completed acquisition of Tinet SpA, an Italian-based global carrier in the IP Transit and [[Ethernet]] wholesale market.<ref>{{Cite web|url=https://www.marketvis.io/stock/iqnt/financial/fy-2012/note/businesscombinationdisclosuretextblock|title=Inteliquent, Inc. (IQNT) - BUSINESS ACQUISITIONS (FY 2012 (10-K))|website=www.marketvis.io|access-date=2016-06-28|archive-url=https://web.archive.org/web/20160919171358/https://www.marketvis.io/stock/iqnt/financial/fy-2012/note/businesscombinationdisclosuretextblock|archive-date=2016-09-19|url-status=dead}}</ref> - Reached 108.5 billion network billed minutes, an increase of 23.5% over 2009; and revenue of $199.8 million, an increase of 18.3% compared to $168.9 million in 2009.
* '''2014''' - Onvoy, LLC acquired Vitelity, LLC and spun out of Zayo.
* '''2016''' - Acquired next-generation software and switching platform provider Shopety/BetterVoice. GTCR became Onvoy's sole private equity firm. Onvoy acquired ANPI, LLC and ANPI Business, LLC.
* '''2017''' - [[GTCR]] acquired Inteliquent and merged it with Onvoy moving forward as "Inteliquent".<ref>{{Cite web|title=GTCR acquires Inteliquent for $800M, merges operations with Onvoy subsidiary|url=https://www.fiercetelecom.com/telecom/gtcr-acquires-inteliquent-for-800m-merges-operations-onvoy-subsidiary|access-date=2021-02-18|website=FierceTelecom|date=4 November 2016 |language=en}}</ref>
*'''2021''' - Sinch acquired Inteliquent for $1.14 billion.<ref name="Sinch">{{Cite web|title=Sinch acquires Inteliquent for $1.14B to take on Twilio in the US|url=https://social.techcrunch.com/2021/02/17/sinch-inteliquent/|access-date=2021-02-18|website=TechCrunch|date=17 February 2021 |language=en-US}}</ref>
*'''2022''' - Inteliquent receives CeaseWarning and Desist letterLetter from the United States Federal Trade Commission (FTC) for routing and transmitting illegal robocall traffic directly or indirectly involved in activities such as Social Security Administration imposters, utility disconnection scams, credit card rate reduction scams and car warranty scams, among others.<ref>{{Cite web|title=Warning Letter to Inteliquent, Inc.|url=https://www.ftc.gov/legal-library/browse/warning-letters/warning-letter-inteliquent-inc|website=FTC.gov|date=10 May 2022 |language=en-US}}</ref><ref>{{Cite web|title=Warning Regarding Assisting and Facilitating Illegal Robocalls|url=https://www.ftc.gov/system/files/ftc_gov/pdf/pointofnoentry-inteliquentwarningletter.pdf|website=FTC.gov|date=10 May 2022 |language=en-US}}</ref>
 
==References==