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Volt Telecom Group history
Volt Telecom Group company history timeline
In 1970 Volt was offering, through some 50 offices nationwide, services including engineering, training, data processing, graphics, marketing, and temporary personnel.
Volt lost $3.4 million on only $27 million in revenues in fiscal 1971.
The first long-term contract for these services was signed in 1978.
In 1980 Autologic introduced APS-Micro 5, a high-speed digital typesetter aimed at the mid-range market with a selling price of less than $50,000.
After three profitable years, Volt lost $1.9 million in fiscal 1990 because of a variety of problems, including military cutbacks following the end of the cold war and cost overruns on contracts associated with entering new markets.
On the favorable side, Autologic returned to profitability, recording a fat $10.5 million profit in fiscal 1991 on only 12 percent of the parent company's sales.
By 1994 Volt had a licensing partnership with Bolt, Beranek & Newman Inc., a supplier of speech recognition technology, that allowed a computer to respond to spoken words--such as locations and company names--without human assistance on Volt's automated systems.
This segment included Voltecon, a nationwide full-service provider of telecommunications services, including engineering, design, construction, installation, maintenance, removals, and distribution of telecommunications products. It also consisted of Advanced Technology Services, a division established in 1994 to meet the challenges of the "information superhighway" and the merging of voice, data, and video services to telephony, broadband, and other providers of information system services.
In 1995 Volt merged Autologic with a competitor, Information International, Inc., and spun off the new unit, retaining 59 percent of the business.
The Telephone Directory segment was Volt's third biggest in fiscal 1997, accounting for six percent of its sales and 15 percent of its operating profit.
The long-term debt was $55.4 million at the end of fiscal 1997.
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Volt Telecom Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Rise Broadband | 2005 | $190.0M | 750 | 45 |
| Ajilon Communications LLC | 1986 | $7.3M | 20 | - |
| ITC Service Group | 1999 | $330.0M | 750 | 4 |
| Netcom Technologies | 1988 | $8.5M | 150 | - |
| CBM of America | - | $26.0M | 350 | 4 |
| Ef&i | - | - | - | - |
| TECHSICO | 2001 | $9.0M | 100 | - |
| Valley Communications Systems | 1945 | $37.5M | 50 | 2 |
| Alta Group | 1984 | $720,000 | 50 | - |
| SRI Telecom | 1998 | $6.3M | 123 | 26 |
Volt Telecom Group history FAQs
Zippia gives an in-depth look into the details of Volt Telecom Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Volt Telecom Group. The employee data is based on information from people who have self-reported their past or current employments at Volt Telecom Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Volt Telecom Group. The data presented on this page does not represent the view of Volt Telecom Group and its employees or that of Zippia.
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