US LEC

us-lec-logo

US LEC is a rapidly growing CLEC that provides switched local, long distance and enhanced telecommunications services primarily to medium and large-sized organizations located in selected markets in the southeastern United States. The Company was founded in June 1996 after passage of the Telecom Act, which enhanced the competitive environment for local exchange services. The Company initiated service in Charlotte, North Carolina in March 1997, becoming one of the first CLECs in North Carolina to... provide switched local exchange services, and subsequently initiated service in Raleigh and Greensboro, North Carolina and in Atlanta, Georgia. As of February 28, 1998, the Company had 62,545 Equivalent Access Lines in service. US LEC plans to enter 15 new markets in Tennessee, Florida, South Carolina, Virginia and North Carolina by the end of 1999.

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US LEC

Industry:
Service Industry Telecommunications

Founded:
1996-06-01

Address:
Charlotte, North Carolina, United States

Country:
United States

Website Url:
http://www.themorrocroftcentre.info

Total Employee:
251+

Status:
Active

Total Funding:
300 M USD

Technology used in webpage:
SSL By Default Content Delivery Network IIS 10 Microsoft Microsoft Azure OneTrust Optanon Microsoft Azure US Central Region


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Current Employees Featured

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Richard T. Aab
Richard T. Aab Co Founder @ US LEC
Co Founder

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Tansukh Ganatra
Tansukh Ganatra Co-Founder @ US LEC
Co-Founder

Founder


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Richard T. Aab

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Tansukh Ganatra

Stock Details


Company's stock symbol is NASDAQ:CLEC

Acquisitions List

Date Company Article Price
2004-11-11 StarNet Inc StarNet Inc acquired by US LEC N/A
2003-12-17 Fastnet Corp. Fastnet Corp. acquired by US LEC N/A

Investors List

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Bain Capital

Bain Capital investment in Post-IPO Equity - US LEC

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Thomas H. Lee Partners

Thomas H. Lee Partners investment in Post-IPO Equity - US LEC

Official Site Inspections

http://www.themorrocroftcentre.info

  • Host name: 52.141.221.252
  • IP address: 52.141.221.252
  • Location: Des Moines United States
  • Latitude: 41.6006
  • Longitude: -93.6112
  • Metro Code: 679
  • Timezone: America/Chicago
  • Postal: 50307

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