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December 11, 2012
12:47 EDTIQNTInteliquent to pay $9M as part of settlement agreement
Inteliquenttm announced that it has definitively settled a previously disclosed dispute with one of its largest customers relating to the termination of certain long distance traffic. As part of the settlement, Inteliquent will make a one-time payment of $9M in December to this customer. In addition to the settlement, Inteliquent and the customer have agreed to new terms that govern a portion of their commercial relationship. As a result, effective October 5, Inteliquent will continue to provide various voice services to the customer, but at pricing that is significantly lower than the previous rate structure. Also, the company will pay the customer a significant amount for certain long distance traffic that it terminates to the customer's network. Inteliquent also confirms that it is not aware of any similar material disputes with other telecom carriers.
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January 16, 2015
16:07 EDTIQNTInteliquent CEO Edward Evans to depart company
Inteliquent announced that G. Edward Evans will be departing as the company's CEO in order to pursue other interests. Evans' employment agreement is set to expire on March 31. However, the company and Evans anticipate that Evans will continue to act as the company's CEO beyond such date if necessary to permit the company to complete a nationwide search for his successor. In addition, it is anticipated that Evans will resign as a member of the company's board upon his departure as CEO.

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