DALLAS - Two well-known ratings firms released reports on Monitronics InternationalÃ¢â‚¬â„¢s debt last month. The results, however, were mixed, as MoodyÃ¢â‚¬â„¢s gave a Ã¢â‚¬Å“stableÃ¢â‚¬Â rating, while S&P gave a Ã¢â‚¬Å“negativeÃ¢â‚¬Â rating to the company based on its $525 million in outstanding credit facilities.
CENTRE WELLINGTON, Ontario - By the beginning of November, businesses in this area of Wellington County will have to start paying for alarm monitoring services from a monitoring company. The fire department, which for years provided free monitoring, is getting out of that business, and according to one industry insider, itÃ¢â‚¬â„¢s about time.
CHICAGO - Securitas Security Services has beefed up the ranks of its timeshare dispatch officers to deliver the service nationwide as a means of lightening the financial load on its customers.
The officers, most of whom have experience with police departments or in the military, are available in roughly all areas where Securitas has an office, said Craig Smith, Securitas president, Rocky Mountain region.
TAMPA, Fla. - Litestream Technologies, a utility provider of bundled services that include phone, cable and alarm monitoring services to residential master-planned communities in Florida, received $10 million in capital from American Capital Corp.
SAN JOSE, Calif. - Security monitoring remains a highly sensitive segment of the overall industry, and false alarms and the policies to address them around the country may be contributing to lower revenues, Frost & Sullivan analysts said in a recent report.
BROCKVILLE, Ontario - Falcon Security has signed a contract with the Canadian military for a wireless technology designed specifically for alarm systems that the company said has taken it to Ã¢â‚¬Å“a whole new level.Ã¢â‚¬Â
The Canadian military will be using Falcon Secure Net, but Chris Izatt, FalconÃ¢â‚¬â„¢s sales and operations manager, declined to be more specific.