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Wwst Corporation Llc history
Wwst Corporation Llc company history timeline
Mary West, a teleservices pioneer, in 1973 founded Mardex, described by journalist Ray Tuttle as "one of the first telemarketing service agencies." Mardex grew to become one of the country's major companies handling inbound telemarketing phone calls.
In 1978 Mary West founded WATS Marketing of America.
In 1980 they sold WATS to First Data Resources but remained as managers.
West Corporation was founded in the year 1986.
In 1986 Mary West left WATS to start West TeleServices, her third teleservices firm.
Sitel Corp. led the pack in June 1995, followed by Apac in October.
On November 26, 1996 West TeleServices was the last of the eight companies to have its IPO. The first day of the IPO closed with the company's common stock at $21.88 per share, up from the initial price of $18 per share.
In the year 1996, the company was transformed into a limited public entity.
In November 1997 the company's Omaha employees were quite crowded, so the firm spent $14 million for the MFS Communications Company building on Miracle Hills Drive.
1997: Call centers are opened in Tulsa, Oklahoma; Mobile, Alabama; and Memphis, Tennessee.
While stock of some of the companies increased from 200 to 600 percent at first, by September 1998 all eight traded below their IPO prices.
In addition, in 1998 Ameritech began offering its Privacy Manager system to allow customers to block undesired incoming calls.
Other new call centers that were opened in 2001 in Pensacola, Florida, and Harlingen, Texas, employed about 700 and 300, respectively.
In the year 2006, Quadrangle Group and Thomas H Lee Partners invested in the company.
As of the year 2012, the total revenue generated by the company is more than $2.6 billion.
Finally, it was rebranded to Intrado in 2019.
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Wwst Corporation Llc may also be known as or be related to Wwst Corporation LLC and Wwst Corporation Llc.