BOCA RATON, Fla.—The new stand-alone ADT’s announcement this week that it has hired cable industry veteran Arthur Orduña has the blogosphere speculating that ADT is adding a “cable guy” to make it more “cable-friendly” and ready for acquisition by a telecom or cable compa
This recent news item from the Toronto Sun newspaper recently caught my eye, even though I’ve never heard of this rapper and singer songwriter, whose real name is Tramar Dillard, but is known as Flo Rida.
NEW YORK—The ADT Corp. CEO Naren Gursahaney has set a bold goal. He wants the newly independent ADT—which began trading on the New York Stock Exchange on Oct. 1—to increase its residential penetration from 20 percent to as much as 40 percent.
ADT’s split from Tyco isn’t taking any steam out of the monitoring giant’s sails. In addition to becoming an independent publicly traded entity Monday on the New York Stock Exchange, it plans to add 150 jobs at its facility in Irving, Texas by the end of November.
WESTFORD, Mass.—Tyco completed its separation transaction today, forming the world’s largest dedicated fire protection and security company as measured by market share, according to a company statement.
BOCA RATON, Fla.—American rapper Flo Rida has been sued by ADT on the grounds that he allegedly failed to settle a bill for an alarm system at his Florida home, according to multiple reports.
ARLINGTON HEIGHTS, Ill.—The latest decision in a lawsuit brought by ADT and other alarm companies over public entities taking over fire alarm monitoring in the state contains “a lot of positive things for the alarm industry," according to the executive director of the Illinois Electronic Security Association.
PROVO, Utah—Vivint is suing another door-knocking company, alleging it has been using false and misleading statements to “slam” or take over Vivint customers.