Greater visibility, broader market acceptance and (for some central stations) more wholesale monitoring accounts are just some of the benefits often mentioned in connection with the entrance of cablecos and telecoms into security.
DALLAS—Monitronics International, a third-party central station based here, will relocate to a new three-story, 165,000-square-foot corporate campus in the middle of 2015, Bruce Mungiguerra, vice president of operations at Monitronics, told Security Systems News.
Highlighted by the marquee acquisition of Security Networks, 2013 was unquestionably a strong year for Monitronics. It appears 2014 is starting the upswing as well.
DALLAS—Monitronics, a third-party central station based here, is optionally integrating Vivify’s Remote Care Management Platform into its offerings, according to a news release.
CHARLESTON, W.V.—Lawsuits alleging Monitronics’ telemarketing broke federal law are proceeding in West Virginia, where a multidistrict litigation has been created to handle the issue.
Every January, Security Systems News asks security finance experts to share their opinions on deals done, valuations sought and won, and prospects for buyers and sellers in the coming year.
Buoyed by the $487 million acquisition of Security Networks, Ascent Capital, the holding company that owns Monitronics, posted some sterling numbers for the third quarter of 2013—numbers
DALLAS—Monitronics has been named one of the top 100 places to work in the Dallas-Fort Worth area for the third consecutive year, the company announced Nov. 12.
Some intriguing financial news out of the Monitronics/Ascent Capital camp. Ascent Capital Group’s largest direct stockholder, media mogul John Malone, recently sold half his preferred shares—worth $32.7 million in cash—back to the company, according to a news release from Ascent Capital.