Daniel Borislow's house

No Thumbnail
Daniel Borislow's house (Bing Maps)
The inventor of the Magicjack owns this home. From May 1989 through January 1999, Borislow was the CEO and Director of Tel-Save Holdings [3] (now owned by Cavalier Telephone). Tel-Save resold access to AT+T lines. Borislow took the company public in 1995 and built his own long distance network by deploying five Lucent 5E switches in the United States.[4] In 1997, Tel-Save negotiated exclusive marketing rights with America Online to sell long-distance service to AOL users[5][1]. At its peak Tel-Save (later Talk America) had over four million customers, was signing new customers at the rate of 100,000 per month, and had a market capitalization of nearly $2 Billion[1]. But the company's fortunes turned, and Borislow departed following an annual loss of over $200M in 1998.[1] In 2005, Talk America was acquired by privately-held Cavalier Telephone & TV for $251 million. Prior to founding Tel-Save, Borislow was "a former cable TV installer"[1] in Philadelphia.
2,616 views
Views by date
1.0 (2 votes)
Rate as 1Rate as 2Rate as 3Rate as 4Rate as 5Rate as 6Rate as 7Rate as 8Rate as 9Rate as 10

Comments

Policies

Please log in if you don't want to post anonymously (anonymous users cannot post links).

Note: VirtualGlobetrotting is an entertainment website is and is not associated with this post, location or person.

Please enable images and enter code to post
Reload

Celebrity Homes Mailing List

Share:

Comments

Policies

Please log in if you don't want to post anonymously (anonymous users cannot post links).

Note: VirtualGlobetrotting is an entertainment website is and is not associated with this post, location or person.

Please enable images and enter code to post
Reload