iconectiv supplies communications providers with network planning and management services. The company’s cloud-based information as a service network and operations management and numbering solutions span trusted communications, digital identity management[2] and fraud prevention.[3] Known as Bellcore after its establishment in the United States in 1983 as part of the break-up of the Bell System, the company's name changed to Telcordia Technologies after a change of ownership in 1996. The business was acquired by Ericsson in 2012, then restructured and rebranded as iconectiv in 2013.
 | |
| Formerly | Central Services Organization, Inc. (1983) Bell Communications Research, Inc. (1984-1999) |
|---|---|
| Company type | Joint venture |
| Industry | Telecom Research |
| Predecessor | Bell Telephone Laboratories |
| Founded | October 1983 |
| Headquarters | Bridgewater, New Jersey, U.S. |
Key people | Richard Jacowleff (CEO) |
| Products | Fraud & Identity Numbering Messaging Network & Operations Industry Registries |
| Owners | Koch Equity (2024-present) Ericsson (2012–2024) Francisco Partners (16.7%, 2017–present)[1] |
Number of employees | 500+ (2017) |
| Website | iconectiv |
A major architect of the United States telecommunications system, the company pioneered many services, including caller ID, call waiting, mobile number portability, and toll-free telephone (800) service. It also pioneered the prepaid charging system and the Intelligent Network.
Headquartered in Bridgewater, New Jersey (U.S.), iconectiv provides network and operations management, numbering, registry and fraud prevention services for the global telecommunications industry. It provides numbering services in more than a dozen countries, including serving as the Local Number Portability Administrator (LNPA) for the United States. In that capacity, iconectiv manages the Number Portability Administration Center (NPAC), the system that supports the implementation of local number portability.
Founding
editiconectiv was established on October 20, 1983, as Central Services Organization[4] as part of the 1982 Modification of Final Judgment that broke up the Bell System. It later received the name Bell Communications Research. Nicknamed Bellcore, it was a consortium established by the Regional Holding Companies upon their separation from AT&T. Since AT&T retained Bell Laboratories, the operating companies desired a separate research and development facility. Bellcore, the tenth company to register an Internet domain name in comTLD, provided joint research and development, was involved in standards setting, training, and centralized government point-of-contact functions for its co-owners, the seven Regional Holding Companies that were themselves divested from AT&T as holding companies for the 22 local Bell Operating Companies.
Bellcore's initial staff and corporate culture were drawn from the nearby Bell Laboratories locations in northern New Jersey, plus additional staff from AT&T and regional operating companies. The company originally had its headquarters in Livingston with dedication by New Jersey Governor Thomas Kean in 1985, but moved its headquarters to Morristown a decade later. Bellcore also operated the former Bell System Center for Technical Education in Lisle, Illinois.
Separation from the Baby Bells
editIn 1996, the company was provisionally acquired by Science Applications International Corporation (SAIC).[5] The sale was closed one year later, following a regulatory approval process that covered every U.S. state individually. Since the divested company no longer had any ownership connection with the Regional Bell Operating Companies (Baby Bells), the name was changed to Telcordia Technologies in 1999.[6] The headquarters was moved to Piscataway, New Jersey.[7]
The former headquarters campus in Morristown and its offices and laboratories in Red Bank, New Jersey, are former Bell Labs locations that were transferred to Telcordia.
Equal stakes in the company were sold in March 2005 to Providence Equity Partners and Warburg Pincus.[8]
Acquisition by Ericsson
editOn June 14, 2011, Ericsson announced an agreement to acquire Telcordia for $1.15 billion.[9] On January 12, 2012, Telcordia became a wholly owned subsidiary of Ericsson.[10] On June 15, 2011, Ericsson announced the completion of the purchase from private-equity firms Providence Equity Partners and Warburg Pincus,[11][12] with the goal to pursue industry trends that include mobile broadband, managed services/outsourcing and global OSS/BSS transformation.[13] The acquisition, which officially closed on January 12, 2012,[14] added about 2,600 employees to Ericsson's staff.[15] On June 4, 2012, Telcordia and its products were officially rebranded as Ericsson.[16]
In the process of integration, Telcordia's Advanced Technology Solutions business unit, the company's research arm, was rebranded as Applied Communication Sciences, and became a wholly owned subsidiary of Ericsson that operated independently on day-to-day operations pursuant to a proxy structure mandated by the U.S. government.[17] In October 2012, Applied Communication Sciences relocated its headquarters to Basking Ridge, New Jersey, occupying the former headquarters of AT&T Wireless.
In February 2013, Ericsson launched iconectiv for its interconnection business.[18] During this time, Ericsson maintained its corporate presence in Plano, Texas and iconectiv's corporate presence in New Jersey. In July 2017, iconectiv moved its headquarters from Piscataway to Bridgewater, New Jersey.[19]
In August 2024, Ericson announced a sale of iconnectiv to Koch Equity for $1 billion.[20]
Francisco Partners investment
editOn August 10, 2017, Francisco Partners announced a $200 million investment in iconectiv and received a 16.7 percent ownership stake in the company.[21]
Notable clients
editIn 2015, iconectiv won a contract procured by the Federal Communications Commission (FCC) to operate the Number Portability Administration Center (NPAC).[22] The service had been operated by Neustar Inc. for 18 years. iconectiv completed the transition from Neustar on May 29, 2018 becoming the Local Number Portability Administrator (LNPA) for the United States.[23]
iconectiv was awarded the contract from CTIA to provide Common Short Code (CSC) Registry Services, effective January 1, 2016.[24]
In 2019, the Secure Telephone Identity Governance Authority (STI-GA) selected iconnectiv as the U.S. STI Policy Administrator for supervising measures to ensure voice calls have accurate caller ID.[25]
See also
editReferences
edit- ^ "Francisco Partners buys 16.7% stake in Ericsson's iconectiv". Telecompaper.com. Archived from the original on October 9, 2017. Retrieved September 29, 2017.
- ^ "Scam attacks are on the rise, but can they be fully stopped or prevented?". Cybernews. Archived from the original on October 3, 2023. Retrieved December 1, 2023.
- ^ "Here's how thieves may use your phone to steal from you". KVUE. November 23, 2022. Archived from the original on March 21, 2023. Retrieved December 1, 2023.
- ^ "Restated Articles of incorporation of Bell Communications Research, Inc" (PDF). Archived (PDF) from the original on June 23, 2015. Retrieved February 9, 2012.
- ^ Dr. J. Robert Beyster with Peter Economy (2007). The SAIC Solution: How We Built an $8 Billion Employee-Owned Technology Company. John Wiley & Sons. ISBN 978-0470097526.
- ^ "State of Delaware, Office of the Secretary of State, March 17, 1999" (PDF). Archived (PDF) from the original on April 2, 2015. Retrieved February 10, 2012.
- ^ Tim McElligott & Jason Meyers, BELLCORE 3.0, Connected Planet, September 22, 2003 – accessed July 8, 2010
- ^ "SAIC Completes Sale of Telcordia to Providence Equity and Warburg Pincus". Leidos.com. Archived from the original on April 30, 2019. Retrieved April 30, 2019.
- ^ Ericsson to acquire Telcordia Archived March 1, 2012, at the Wayback Machine, press release, Ericsson, 2011-06-14
- ^ "Ericsson closes Telcordia acquisition". January 12, 2012. Archived from the original on June 18, 2013. Retrieved January 12, 2012.
- ^ "Ericsson to Acquire Telcordia for $1.15 Billion". New York Times. June 14, 2011. Archived from the original on March 12, 2018. Retrieved August 30, 2012.
- ^ "Ericsson Says It Will Buy Telcordia for $1.15 Billion". Wall Street Journal. Archived from the original on March 2, 2018. Retrieved August 30, 2012.
- ^ "Ericsson deepens back-office focus with Telcordia acquisition". Connected Planet. Archived from the original on July 1, 2016. Retrieved August 30, 2012.
- ^ "Ericsson closes Telcordia acquisition for US $1.15bn after short delay". Vanilla Plus. Retrieved August 30, 2012.[permanent dead link]
- ^ "Ericsson To Buy Telcordia For $1.2 Billion To Add Services". Bloomberg. Archived from the original on November 25, 2011. Retrieved August 30, 2012.
- ^ "Say Goodbye To Telcordia". Light Reading. Retrieved August 30, 2012.
- ^ "Telcordia Applied Communication Sciences Becomes Wholly Owned Subsidiary Of Telcordia Technologies". OSS News Review. January 19, 2012. Archived from the original on June 17, 2016. Retrieved August 30, 2012.
- ^ "Interconnection solutions renamed iconectiv". Ericsson. February 14, 2013. Archived from the original on February 18, 2013.
- ^ "Global Piscataway Telecommunications Firm Moving to Bridgewater". iconectiv.com. Archived from the original on August 4, 2017. Retrieved August 4, 2017.
- ^ https://www.datacenterdynamics.com/en/news/ericsson-sells-iconectiv-to-koch-equity-for-1bn/
- ^ "Francisco Partners completes investment in Ericsson's iconectiv business". Ericsson.com. Archived from the original on October 9, 2017. Retrieved September 29, 2017.
- ^ Kasra Kangarloo (March 26, 2015). "NeuStar loses bid for lucrative contract after FCC recommendation". Washington Business Journal. Archived from the original on August 7, 2016. Retrieved June 23, 2015.
- ^ "Layoffs at Ericsson's iconectiv". Light Reading. Archived from the original on December 10, 2018. Retrieved May 16, 2019.
- ^ "CTIA names Iconectiv to manage short-code registry". Telecompaper. July 31, 2015. Archived from the original on March 8, 2016. Retrieved May 4, 2016.
- ^ "Mitigating Illegal Robocalling Advances with Secure Telephone Identity Governance Authority Board's Selection of iconectiv as Policy Administrator". Business Wire. May 30, 2019. Archived from the original on July 26, 2020. Retrieved May 16, 2020.