press releases

iconectiv explains how financial institutions can use valuable phone data to help thwart account takeovers, money laundering and other vulnerabilitiesBRIDGEWATER, NJ – September 24, 2024 –  With mobile phones and phone numbers now serving as the primary way for more than 3 billion people worldwide to identify themselves when buying and selling online, conducting financial transactions, opening accounts, verifying their age and authenticating themselves to contact centers, fraudsters are…

Experts from The Rural Broadband Association, iconectiv and The Futurum Group Discuss Bringing Broadband to Rural AmericaWhat: To enhance broadband connectivity and close the digital divide, the United States federal government has allocated $42.5 billion through the Broadband Equity Access and Deployment (BEAD) Program. While these earmarked funds hold great promise for rural America, ensuring they are used as effectively as possible means that all stakeholders must have access to reporting,…

600K Ways Telcos Can Maximize Efficiency, Competitiveness, Customer Satisfaction Daily•   What’s the News: Communications Service Providers (CSPs) and Providers of Telecom Related Services (PTRS) can now drive additional simplicity and cost efficiencies by extending phone number porting intelligence across their entire organization. •    Why it Matters: Porting data enables finance, customer service and other departments to optimize routing, rating,…

As a key digital identity data source for reducing fraud, mobile numbers also deliver slew of business benefits from minimized churn to increased revenueBRIDGEWATER, NJ – August 22, 2024 – As online payment fraud costs are projected to skyrocket to $91 billion by 2028, businesses are seeking innovative solutions to protect their bottom line while enhancing customer satisfaction. The answer lies in the ubiquitous mobile phone number, which has become the preferred digital identity method for…

 iconectiv is a US subsidiary of Ericsson acquired in 2012, and a provider of network number portability solutions and data exchange servicesThe divestment will allow iconectiv to continue its growth trajectory under the new ownership of Koch Equity Development LLCEricsson (NASDAQ: ERIC) announces that it has entered into a binding agreement with Koch Equity Development LLC in relation to the sale of iconectiv (the “Transaction”).Ericsson’s cash benefit from the Transaction, after the…

Demonstrates KED's strategic focus on telecommunications software and data servicesWICHITA, Kan., Aug. 16, 2024 /PRNewswire/ -- Koch Equity Development LLC ("KED"), the principal investment and acquisition arm of Koch, Inc., today announced an agreement to acquire iconectiv, LLC, a telecommunications solutions leader, from Ericsson (NASDAQ: ERIC), the global supplier of mobile communication and connectivity solutions for service providers and enterprises, and affiliates of Francisco Partners, a…

ATIS, iconectiv Trial Industry Robocall Initiative With Bandwidth, Microsoft to Mitigate Unwanted Robocalls Globallyiconectiv is leading the global effort to combat unwanted robocalls by deploying cross-border call authentication through the SHAKEN protocol, ensuring that legitimate calls are securely authenticated and protected worldwide.August 15, 2024 — Washington, DC and Bridgewater, NJ.  ATIS and iconectiv today announced a new robocall mitigation initiative to combat unwanted…