ICG COMMUNICATIONS INC

ICG COMMUNICATIONS INC

Previous company name
ICG HOLDINGS CANADA CO
Name change date
2/26/1999
Company Overview
ICG Communications Inc. is an integrated metropolitan and regional fiber infrastructure company that provides voice, data and internet communications services. The company has a registered head office located in Englewood, Colorado.
ICG is a focused telecom services provider in core markets. The facilities-based communications carrier, which emerged from bankruptcy in 2002 only to find itself on the brink again two years later, has refocused its business on providing wholesale access and corporate phone and data services over its fiber-optic networks in Colorado and Ohio. The company was acquired in 2004 by investment firms Columbia Capital (a premier venture capital franchise in wireless, broadband, media, and enterprise information technology investing) and M/C Venture Partners (a venture capital investor headquartered in Boston, Massachusetts) to save ICG from its second bankruptcy. It subsequently reduced its debt by shedding some businesses and concentrating on select markets. In 2006 ICG was acquired by Level 3 Communications, an international communications company headquartered in Broomfield, Colorado.
Business Summary
ICG Communications, Inc. (ICG) is a communications provider focused on delivering data and voice services to corporate customers, Internet service providers (ISPs) and telecommunication carriers using a network that it owns and operates. Through its network of fiber-optic cable, voice and data switches, data points-of-presence and peering arrangements, the Company provides corporate services, point-to-point broadband services and dial-up services. The corporate services offerings are focused on retail services to businesses with voice, data, long-distance and other communications services requirements. Point-to-point broadband services and dial-up data services are focused on wholesale services to ISPs and other carriers. In April 2004, Level 3 Communications, Inc. acquired the wholesale dial access business of ICG. In October 2004, a wholly owned subsidiary of MCCC ICG Holdings LLC merged with and into ICG, with ICG as the surviving corporation.
Description and history
ICG Communications, Inc. (ICG) is a communications provider focused on delivering data and voice services to corporate customers, Internet service providers (ISPs) and telecommunication carriers using a network that it owns and operates. Through its network of fiber-optic cable, voice and data switches, data points-of-presence and peering arrangements, the Company provides corporate services, point-to-point broadband services and dial-up services. The corporate services offerings are focused on retail services to businesses with voice, data, long-distance and other communications services requirements. Point-to-point broadband services and dial-up data services are focused on wholesale services to ISPs and other carriers. In April 2004, Level 3 Communications, Inc. acquired the wholesale dial access business of ICG. In October 2004, a wholly owned subsidiary of MCCC ICG Holdings LLC merged with and into ICG, with ICG as the surviving corporation.

Corporate Services

VoicePipe is an Internet protocol telephony communications solution that combines customers’ voice and data communications and aggregates them onto a dedicated line with a DS1-to-DS3 capacity. During the year ended December 31, 2003, ICG had launched VoicePipe in 25 of its 33 markets. In January 2004, the Company added voice capacity to another 6 markets. VoicePipe is a managed service and provides businesses with a lower total-cost-of-ownership solution when compared to traditional phone systems, brings greater mobility to the workforce and reduces the number of vendors required to provide local, long-distance and Internet access. In addition, VoicePipe requires no investment in a telephone system and works with both analog and certain Internet protocol phones. It offers all of the features and functionality of a traditional phone system with the upgraded feature of a Web interface/portal for each user.

iConverge combines high-speed Internet access and voice services on a single DS1-capacity line, allowing customers to choose how much bandwidth to be dedicated to always-on Internet access versus voice service based on their business requirements. Additionally, customers have the ability to monitor their service on a secure Web-based management center.

The Company’s Internet access provides businesses a full-time high-speed Internet connection at bandwidth speeds varying from DS1 to DS3. ICG offers basic Dedicated Internet Access, burstable DS3-capacity-enhanced service, which delivers Internet connectivity with flexible bandwidth to accommodate peak demand, and NxT1, which allows customers a cost-effective alternative by combining two to four DS1-capacity lines to meet growing demand.

ICG’s local voice service consists of basic local exchange lines and trunks with local calling, local toll calling and business-related voice line features like voicemail. The Company’s long-distance service provides cost-effective intrastate, interstate, international and toll-free calling along with worldwide calling card access.

ICG offers reservationless audio conferencing, which allows customers to initiate meetings at any time by telephone. In addition, in 2004, the Company introduced a new audio and Web combined service, or Voice+Web Conferencing. Voice+Web Conferencing is an integrated service that gives users the ability to control phone and online meetings, run training seminars and software applications, as well as view Websites simultaneously. Voice+Web Conferencing is targeted to its local voice service customers and can integrate with VoicePipe .

Point-to-Point Broadband

The Company provides point-to-point broadband services to a customer base that is comprised primarily of long-distance carriers, ISPs and medium- to large-sized businesses. This involves providing a dedicated facility used to connect end user to end user; end users to long-distance carrier facilities; long-distance carrier facilities to local telephone company central offices, and different facilities of the same carrier.

Private line services are offered at DS1, DS3, OC-3, OC-12, OC-48 and OC-192 capacities. The Company’s private line services are available within all of its fiber-based metropolitan networks and on an intercity basis between its served metro areas.

Dial-Up Data Services

The Company’s dial-up data services are offered on a wholesale basis to ISPs, enabling their subscribers to connect to the ISP and the Internet. It is not economically feasible for many ISPs to build and maintain their own networks and, consequently, many prefer to outsource network facilities management in order to focus internal resources on their core ISP business. ICG’s services range from connection to facilities, to complete turnkey modem management.

ICG’s dial-up data products and services include primary rate interface and remote access service. Primary rate interface uses its network to route ISP-end user calls, through an ICG phone number, from the public switched network to the ISP-owned modem banks. The ISP’s own remote access service equipment is typically collocated at one of its central office facilities. Primary rate interface is billed at a fixed monthly rate per line. Unlike primary rate interface, which requires the ISP to actively oversee own-data infrastructure, remote access service is a turnkey dial-up Internet access service. Remote access service adds network management services as it connects, sends and routes customer data traffic. This service has the capability to route data directly over its network to the Internet, allowing the ISP to outsource its infrastructure.

ICG’s competitors include Level 3, WorldCom and Sprint.

Business Line
Provides voice, data and internet communications services
Subsidiary

Advisor
KPMG LLP
IPO date
8/5/1996
US SIC Code
4813
Company Address
161, Inverness Drive West

City province or state postal code
80112, ENGLEWOOD, CO
Phone: +1 888 424 1144
Fax: +1 303 414 8866
Country address: UNITED STATES OF AMERICA
Website url: www.icgcom.com