Terremark, a Verizon (NYSE: VZ) company, has promoted its chief operating officer Nelson Fonseca to company president. Fonseca will succeed Kerry Bailey, who was recently named chief marketing officer of Verizon’s new organization that consolidated its enterprise operations for government and business customers. As COO, Fonseca was responsible... 

Verizon Business was placed in the “Leaders quadrant” in the new report “Magic Quadrant for Communications Outsourcing and Professional Services, North America” byBudget Year Gartner Inc. According to Verizon, “Gartner examined 17 U.S.-based providers of ITInformation Technology services for business communications systems...