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Private Equity Firms Profit Handsomely from Prison Phone Services
Loaded on Feb. 15, 2012
published in Prison Legal News
February, 2012, page 23
The October 2011 sale of Global Tel*Link Corp. (GTL), the nation’s largest prison and jail phone company, demonstrates what a goldmine prison phone services are for the provider side of the market. The sale, reportedly valued at $1 billion, was highly unusual because it was a leveraged deal at a ...
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More from these topics:
- Pay-for-Play Tablets: The Costly New Prison Paradigm, March 1, 2025. Food/Commissary (Private Prisons), Electronic Tablets, Seizure of Prisoner Funds, Telephone Rates, Tapes/Music, Securus, Global Tel*Link Corp.
- First Circuit Rejects Request by Securus and Pay Tel to Stay FCC Prison Phone Rate Caps, Jan. 15, 2025. Telephone Rates, Private Phone Contractors, Securus.
- Securus/JPay Video Calling Service Potentially Threatened by New Rate Caps, Jan. 15, 2025. JPay, Inc., Telephone Rates, Video Visitation, Securus.
- Eighth Circuit Asked to Block New FCC Rules Capping Prison Phone Rates and Eliminating Ancillary Fees and Kickbacks, Nov. 15, 2024. Telephone Rates, Federal Funds.
- FCC Slashes Prison and Jail Phone Rates, Caps Video Call Cost, Eliminates “Site Commission” Kickbacks, Oct. 15, 2024. Telephone Rates, Video Visitation, Federal Funds, Private Phone Contractors, Securus, Global Tel*Link Corp.
- Washington, Virginia Advance Bills to Make Prison Calls Free, July 1, 2024. Telephone Rates.
- Los Angeles County Makes Jail Phone Calls Free, June 1, 2024. Telephones, Telephone Rates.
- Fourth Circuit Reinstates HRDC’s RICO Claim Against Securus and ViaPath, May 1, 2024. RICO, Telephone Rates, Civil RICO, HRDC Litigation, Securus, Global Tel*Link Corp.
- Massachusetts Makes Calls Free From Prisons and Jails, May 1, 2024. Telephone Rates.
- Florida County Makes Free Jail Phone Calls Available, April 1, 2024. Telephones, Telephone Access, Telephone Rates, Securus.