Deltacom
| Company type | Public (until acquisition) |
|---|---|
| Industry | Telecommunications |
| Predecessor | ITC^Deltacom |
| Founded | 1997 |
| Defunct | December 2010 |
| Fate | Acquired by EarthLink |
| Headquarters | Huntsville , United States |
Area served | Southern United States (Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee) |
Key people | Larry F. Williams (Chairman and CEO from July 2001) |
| Products | Local and long-distance phone service, Internet connectivity, wide area network solutions (Frame Relay, Asynchronous Transfer Mode), directory assistance |
| Owner | Welsh, Carson, Anderson & Stowe (majority ownership) |
Deltacom, which operated under the name ITC^Deltacom until 2006, functioned as a regional competitive local exchange carrier primarily serving the southern United States. Its coverage included states such as Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, and Tennessee. The company provided a range of telecommunications services including local and long-distance phone service, Internet connectivity, and wide area network solutions utilizing technologies like Frame Relay and Asynchronous Transfer Mode. Furthermore, Deltacom offered directory assistance to both its clientele and other telecommunications providers.
In December 2010, Deltacom was purchased by EarthLink.
The majority ownership of the company was held by the private equity firm Welsh, Carson, Anderson & Stowe.
History
Deltacom was established with capital from ITC Holding Company and launched its initial public offering in October 1997.
The company pursued growth through acquisitions in 1999, acquiring Scientific Telecommunications and AvData Systems for a combined total of $28 million. To further support expansion efforts, ITC Holding contributed an additional $150 million in March 2001.
In July 2001, Larry F. Williams assumed the roles of chairman and CEO. Despite attempts to improve financial stability, Deltacom filed for bankruptcy protection in June 2002 but managed to exit Chapter 11 bankruptcy by October of the same year.
In 2003, a merger with Business Telecom was completed to enhance its competitive standing. After changes in ownership structure, the company rebranded from ITC^Deltacom to simply Deltacom in 2006.
The acquisition by EarthLink in December 2010 concluded Deltacom’s existence as an independent entity.