Belkin's Trans National Communications Int'l files bankruptcy
.Date: Monday, October 10, 2011, 12:53pm EDT - Last Modified: Monday, October 10, 2011, 4:08pm EDT
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.Related:Technology, Bankruptcies .....Enlarge Image Trans National Communications International, a telecommunications services subsidiary of the Trans National Group of companies, founded by Boston businessman Steve Belkin (above), has filed for Chapter 11 bankruptcy protection.
Eric Convey
Managing Editor - Boston Business Journal
Trans National Communications International Inc. .Trans National Communications International Inc. Latest from The Business Journals Follow this company ., a Boston provider of telecommunications services for businesses, filed Sunday for protection under Chapter 11 of the U.S. bankruptcy code.
Sprint Communications (NYSE: S), the biggest unsecured creditor, is owed $5.04 million, according to the bankruptcy filing. AT&T Corp. .AT&T Corp. Latest from The Business Journals New Apple iOS 5 mobile software arrives Rentrak hits "Shorts" circuitNBA cancels first two weeks of regular season Follow this company .(NYSE: T) is owed $1.66 million. Qwest Communications .Qwest Communications Latest from The Business Journals Ex-Qwest exec to lead disabled sports centerCox tops CenturyLink in residential telephone surveyCenturyLink discounts Internet for low-income customers Follow this company ., which merged with CenturyLink Inc. .CenturyLink Inc. Latest from The Business Journals Wireless broadband taking bigger slice of local marketCox tops CenturyLink in residential telephone surveyCenturyLink discounts Internet for low-income customers Follow this company .(NYSE: CTL), is owed $1.9 million. Universal Service Administrative Co. of Atlanta is owed $1.4 million. Verizon Services Corp. is owed $1 million.
In all, privately held Trans National listed assets in the range of $1 million to $10 million and liabilities in the range of $10 million to $50 million.
As of the most recent filing with the Massachusetts secretary of state’s office, Trans National Communications’ president was Brian Twomey. The chief financial officer was William B. Wiedlein.
Directors included Joan Belkin and Steven B. Belkin. Belkin, a Boston businessman who founded Trans National Group in the 1970s, was also an owner of the NBA's Atlanta Hawks and the NHL's Atlanta Thrashers, until an ownership split last year.
Trans National is represented in the bankruptcy by Harold B. Murphy of Murphy & King in Boston.