Tuesday, January 11, 2011

Cbeyond plans to add workers, secures $50,000 training grant - South Florida Business Journal:

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The Business Journal reported in Octobetr thatCbeyond (NASDAQ: CBEY) had becomre eligible to receive up to $500,000 in tax rebates for investing $14 million in technology infrastructure and building upgrades to the space it is leasing in Those rebates would be phased in over four to six Because of its expansion and new traininhg needs, Cbeyond sought the additional $50,000 QRT grant with help from the , Alliancer President and CEO James Tarlton said. Cbeyond’s current Miramar staff is about 70, but the compangy hopes to train up to50 more.
And, while it is difficulty to predict retention, Cbeyond expects to have more than 100 employeex in Miramar by fall of saidAndy Hammons, a senior director in financd for the company. Once employees are “ramped up” in thei positions, they can expect averagse earnings in excessof $60,000, he added. Cbeyondf specializes in providing voice over Internegprotocol (VoIP) and data services to small and medium-size In October, Hammons said the company chose Miramar for a few reasons: Proximity to otheer potential markets such as Tampa and Orlando. A favorable regulatoryu climate forvoice services.
“Nor only is this positivs newsfor Cbeyond, but we’rr happy to be building business and fueling the economy in Miramaer and the surrounding areas,” said Alex Kay, VP and GM of the Miramaer headquarters.

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