Icon CMT Corp. Discontinues On-line Electronic Magazines Word and Charged

Strategic Insights -

Icon CMT Corp. announced on March 9, 1998, that it would discontinue publication of its on-line electronic magazines Word and Charged. The decision was made to focus on maximizing return for shareholders by expanding its service and product offerings in its core businesses. The company will continue to make existing and archived content available to users and pursue discussions with prospective partners regarding the sale of the two properties.

Key Takeaways:

  • Icon CMT Corp. is a tier-one Internet Service Provider (ISP) founded in 1991, offering value-added Internet, intranet, and extranet solutions.
  • The company will discontinue publication of its on-line electronic magazines Word and Charged to focus on core businesses and maximize shareholder return.
  • Icon CMT will continue to make existing and archived content available to users and explore sale of the properties through partnerships.
  • The company's end-to-end solutions encompass communications services, professional services, and product resales, tailored to meet the needs of corporate customers.
  • Icon CMT differentiates itself by integrating its services and products to provide customized solutions for corporate customers.

Statistics:

  • Icon CMT Corp. was founded in 1991.
  • The company operates as a tier-one ISP, offering a value-added platform of communications, technology, and professional services.
  • Icon CMT offers a comprehensive set of services and products to implement corporate Internet, intranet, and extranet strategies.
  • The company's end-to-end solutions include communications services, professional services, and product resales.

Sources:

  • Icon CMT Corp.
  • Business Wire, March 9, 1998.