Monitronics Expects to Emerge From Chapter 11 in Early September
The wholesale monitoring and smart home services provider says it will reorganize with significantly less debt and access to new sources of capital.
The wholesale monitoring and smart home services provider says it will reorganize with significantly less debt and access to new sources of capital.
The two friendly competitors have joined forces in Texas after collaborating as Brinks Home Security Authorized Dealers.
Moloney brings more than two decades of experience to his new role, including serving as CMO for Experian, Wells Fargo Advisors, TaxSlayer and Scottrade.
As Monitronics aims to eliminate suffocating debt, plentiful access to capital has led alarm companies to be less reliant on dealer-program financing.
The restructuring agreement calls for Monitronics to be merged with its holding company Ascent Capital Group upon stockholder approval.
Monitronics reported a quarterly net loss $31.8 million, compared to a net loss of $26.2 million in the three months ended March 31, 2018.
A goal to raise $125,000 at the 10th annual running of the Security 5K/2K was eclipsed by more than $20,000, marking the most successful single event to date.
Smart home features are a key opportunity to driving customer satisfaction with home security systems, according to J.D. Power.
A technician for a Brinks authorized dealer inexplicably jettisons a pair of yard signs at a customer’s residence, but all’s well that ends well.
Brinks Home Security Authorized Dealers get real-time information and training when it counts the most – in the field
This next installment of the SSI Industry Hall of Fame Webcast Series features Jim Henry, executive vice president of corporate development for Securitas Electronic Security.
The new IEEE 802.3bt standard increases the maximum PoE power available mainly by utilizing all four pairs of the structured wiring.
