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Fusion Telecommunications International Inc (FSNN.OQ)

FSNN.OQ on NASDAQ Stock Exchange Capital Market

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$-0.01 (-0.36%)
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$2.81
Open
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Volume
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Latest Key Developments (Source: Significant Developments)

Unterberg Capital Llc reports 7.038 percent stake in Fusion Telecommunications ‍​
Monday, 11 Sep 2017 04:46pm EDT 

Sept 12 (Reuters) - Fusion Telecommunications International Inc :Unterberg Capital Llc reports 7.038 percent stake in Fusion Telecommunications International Inc as of September 8, 2017 - SEC filing‍​.Unterberg Capital Llc earlier reported 9.081 percent stake in Fusion Telecommunications International Inc as of September 6, 2017 - SEC filing‍​.  Full Article

Unterberg Capital reports 13.681 pct stake in Fusion Telecommunications - SEC filing
Thursday, 31 Aug 2017 09:19am EDT 

Aug 31 (Reuters) - Fusion Telecommunications International Inc :Unterberg Capital reports 13.681 percent stake in Fusion Telecommunications International ‍​as of August 28 versus 17.26 percent stake as of July 12 - SEC filing.  Full Article

Fusion to acquire Birch Communications' cloud, business services business
Monday, 28 Aug 2017 08:00am EDT 

Aug 28 (Reuters) - Fusion Telecommunications International Inc ::Fusion announces definitive agreement to acquire birch communications' cloud and business services business.Fusion telecommunications - ‍all-stock deal in which birch shareholders to get approximately 73 million common shares of fusion valued at $3.85 per share​.Fusion telecommunications international inc - ‍fusion will assume birch's existing debt of approximately $458 million​.Fusion telecommunications international - deal is expected to be significantly accretive to fusion's adjusted ebitda immediately upon closing.Says ‍fusion and Birch shareholders will each appoint four directors to combined company's board​.Fusion Telecommunications - ‍birch's existing debt of approximately $458 million is expected to be refinanced along with fusion's existing debt​.Fusion Telecommunications International Inc- deal approved by boards of directors of both companies.Fusion Telecommunications International Inc - ‍matthew Rosen, chief executive officer of fusion, will serve as ceo of combined company.Fusion Telecommunications International - ‍ninth director of combined co to be nominated by birch shareholders with fusion's prior approval.Fusion Telecommunications International Inc - ‍acquisition will not include birch's legacy consumer and single-line business customers​.Fusion Telecommunications International Inc - ‍matthew Rosen will assume role of chairman of board upon close of transaction​.  Full Article

Fusion Q2 loss per share $0.14
Monday, 14 Aug 2017 04:01pm EDT 

Aug 14 (Reuters) - Fusion Telecommunications International Inc ::Fusion reports second quarter 2017 financial results.Q2 loss per share $0.14.Q2 revenue rose 23 percent to $38.1 million.  Full Article

Unterberg Capital says to present nominees for Fusion Telecommunications International board
Wednesday, 12 Jul 2017 02:13pm EDT 

July 12 (Reuters) - Fusion Telecommunications International Inc :Unterberg Capital says delivered letter to Fusion Telecommunications International's chairman highlighting their concerns with co's performance.Unterberg Capital says to present nominees for Fusion Telecommunications International's board to assist in setting co's strategic direction.Unterberg capital owns 17.26 percent stake in Fusion Telecommunications International as of July 12 - SEC filing.  Full Article

Unterberg Capital says engaging in discussions with Fusion Teleco management, board about board representation
Wednesday, 28 Jun 2017 06:55am EDT 

June 28 (Reuters) - Fusion Telecommunications International Inc ::Unterberg Capital LLC says expressed to desire to have representatives be appointed to Fusion Telecommunications International’s board - SEC filing.Unterberg Capital LLC says continuing to engage in discussions with Fusion Telecommunications' management and board regarding board representation.  Full Article

Fusion Telecommunications International says reached agreement with Xcomip to create Fusion Global Services
Monday, 12 Jun 2017 05:07pm EDT 

June 12 (Reuters) - Fusion Telecommunications International Inc ::Fusion Telecommunications International Inc - reached an agreement with Xcomip, Llc to create Fusion Global Services, Llc.Fusion Telecommunications - Fusion will hold a 60 pct ownership position in new entity on close of transaction.Fusion Telecommunications - Fusion Global Services, Llc will be newly formed company organized to provide voice services to carriers.  Full Article

Fusion Telecommunications reports Q1 loss per share $0.23
Wednesday, 10 May 2017 04:01pm EDT 

May 10 (Reuters) - Fusion Telecommunications International Inc :Fusion reports first quarter 2017 financial results.Q1 loss per share $0.23.Q1 revenue rose 6 percent to $35.8 million.Fusion Telecommunications International - ended quarter with an average monthly revenue per customer of $732, compared to $557 at march 31, 2016.Qtrly churn was 1.0%, compared to 1.0% in q1 2016.  Full Article

Fusion Q4 loss per share $0.26
Monday, 20 Mar 2017 09:05am EDT 

Fusion Telecommunications International Inc : Fusion reports fourth quarter and full year 2016 financial results . Q4 loss per share $0.26 . Qtrly consolidated revenue grew 8% to $28.9 million, compared to $26.8 million in q4 2015 . Fusion telecommunications international inc - anticipate realizing full run-rate of our expected cost synergies by second half of 2017 .Fusion telecommunications international - ended quarter with an average monthly revenue per customer (arpu) of $679 and a churn rate of 0.8%.  Full Article

Fusion acquires cloud services provider Apptix
Tuesday, 15 Nov 2016 09:04am EST 

Fusion Telecommunications International Inc : Fusion Telecommunications International -Pricing of $2.8 million private placement consisting of 2.4 million shares of its common stock at $1.15 per share . Fusion Telecommunications International Inc- Total consideration in transaction was $28.0 million . Fusion Telecommunications International Inc - Acquisition was financed with a new $70.0 million senior secured credit facility led by East West Bank .Fusion acquires cloud services provider Apptix.  Full Article