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.
Homes - Celebrity - Business
Links: en.wikipedia.org
By: Champion3