Vollent Communications

Vollent Communications

Type	Public Company
Industry	Telecommunications
Founded	August 14, 2005 (2005-08-14)
Founder	Jonathan Dimitrov
Area served	Makko Oko
Key people	Gayle Poulsen CEO
Products	Internet, TV
Number of employees	185,000,000 (2022)
Website	vollent.co.mk

Vollent Communications is a privately-owned, state-authorized, telecommunications company in the Empire Of Makko Oko. Vollent Communications was founded in August of 2005 by Jonathan Dimitrov, a former DOL Head for the Republic Of Makko Oko. Vollent Communications is the biggest private employer on the nation's stock market and is the nation's 2nd largest employer in terms of employees, with Infinite Internet surpassing them, employing 200+ million people.

History

Founding Of Vollent Communications

Vollent Communications was founded by Jonathan Dimitrov on August 14th, 2005, during the era of the Republic Of Makko Oko. Jonathan Dimitrov was, at the time, the head of the Makko Okoan Department Of Labor, which led to some scrutiny of Vollent due to accusations of tax exemptions and bribery for the company at large in 2006, which was seen as being because a top government official had owned it. A government and parliamentary inquiry ended up being launched upon the accusations first being made, and on August 16th, 2006, the official report by the Parliament Of Makko Oko was released, officially confirming the accusations made against Jonathan.

Meanwhile, Jonathan in the background, ended up subletting and building up internet infrastructure for Vollent Communications' internet services division, Vollent Internet. By September 5th, 2007, Vollent Communications officially launched, only offering basic broadband internet services under Vollent Internet. Due to the accusations, anywhere Vollent was available, the people in the area refused to buy service, instead going with Lightspeed Broadband, and anywhere where Vollent was the only option, they just refused to get internet, unless they had to.

Departure Of Jonathan Dimitrov

Vollent Internet was not performing well under Jonathan Dimitrov's tenure, reporting negative profits and revenue of at least $186,000 SLO's. Maintenance and infrastructure costs were the majority of the losses, with the little subscribers Vollent did have not even remotely covering it. Analysts at the time with the Makko Okoan Republic stated that "Vollent expanded too quickly, and now they're suffering the consequences. Subletting their infrastructure is the least expensive action they could take, to be cash flow positive." Other people have suspected, even Jonathan himself during an interview after he departed, that the accusations were part of the reason Vollent was failing.

Jonathan never took the hint from the Makko Okoan Republic, and refused to be what he called a "sell-out". On August 22nd, 2008, Jonathan Dimitrov announced in a Vollent Communications press release that "Certain backend infrastructure is going to be sold off and no longer under the control of Vollent Communications or any member of our company. This may affect our service areas or service speed that we're going to be able to provide going forward." This enraged customers, causing a temporary trend on social media dubbed "#VolStickIt". Meanwhile, the economic recession was starting to get serious, which caused Jonathan to focus more on his DOL duties, rather than his own company.

All of this came to a head on January 25th, 2010 when Jonathan Dimitrov was sued in a class-action lawsuit for misrepresenting and falsely advertising speeds when those speeds could not be provided, along with a lack of a stable customer support team, with wait times reported in the filing docket as being "Over 30 minutes, lucky if it's earlier".

The class-action looked for at least $600,000 SLO's, and on February 9th, 2010, Jonathan Dimitrov announced his official departure from Vollent Communications over "Misunderstandings regarding operations internally" and he, personally, was no longer held responsible for the lawsuit, coinciding with his departure as head of the Makko Okoan Department Of Labor, but no reason was provided for that departure. The lawsuit found in favor of the customers, with which in 2010 there were 6.5K, and the payout was set at $800,000 SLO's by the overseeing judge. This ended up with each customer from 2008 to 2010 getting $123 SLO's.

After Jonathan Dimitrov

After Jonathan Dimitrov left in 2010, Vollent Communications went through a more unstable time than when Jonathan was leading the company, with Ralph Beyer, formerly the Chief Financial Officer of the company, took over his position as CEO. Ralph knew the economic recession plaguing the nation at the time was only getting to get worse, but Jonathan refused to listen, and only sold off some of the infrastructure in 2008 due to the looming threat of eviction and bankruptcy. Ralph immediately called for a Initial Public Offering date to be set and for Vollent Communications to be listed on the stock market by the Jorian Stock Exchange (JSE). On April 30th, 2011, that day finally came, and Vollent Communications was listed on the JSE as VOC, having 5 million shares to give out or be bought.

Unknowingly illegal to Ralph, they gave themselves 50% of the company's shares, meaning only 50% of them could be bought. With Jonathan no longer at the helm of the company, foreign investors came flocking, and by September 7th, 2011, 75% of the available shares had been bought by foreign investors, which put the company in the green by about $6,000 SLO's.

Ralph knew nothing about technical infrastructure, and so they hired 100+ contractors to upgrade and work on the Vollent Communications current infrastructure, and upgrade it to be on par with Lightspeed Broadband. By October 24th, 2012, speeds had been reaching 700+ Mbps, speeds that in some instances, were faster than Lightspeed's. This impressed many, and it led to any customers within the current service area that hadn't joined, joining, with prices staying relatively the same, going up about 10 or 20 SLO's every once in awhile. The company had been considered the most successful during the entire economic recession, never falling into bankruptcy unlike Lightspeed.

Ralph Beyer's Criminal Investigation

With the organization going better than it ever had under Jonathan's leadership, Ralph had essentially been the internal accountant for the company, being the sole one to handle finance-related matters. On November 15th, 2012, the company received a letter from the Department Of Tax Services & Auditing, informing them that potential fraud may have occurred with their IPO release and an investigation had been opened. While this would typically be handled by the company's finance department, Ralph had laid them all off and did all the work themselves.

Ralph had been wondering what they were talking about, and went back over all the documents, went over each and every finance-related law, until they found what the potential issue was. Ralph wasn't supposed to see the letter, as the investigation surrounded them, and they chose to not disclose it to the company's Board Of Directors, of which he was chairman on. Ralph shredded all evidence of them owning stocks in Vollent Communications and knowingly lied to investigators when they came to question him.

On November 4th, 2014, national law enforcement officers arrested and charged Ralph Beyer with Securities Fraud and Failure To Disclose Securities Information To Shareholders. The Board Of Directors, upon the announcement of the indictment, immediately removed Ralph from their position of CEO, and voted to appoint the current CEO, Gayle Poulsen, who is an international investor and technology giant. On May 27th, 2015, Ralph Beyer got convicted on all charges and was sentenced to 15 years in prison.

Services

Internet

Vollent Internet is the main face and brand of Vollent Communications, providing internet services to anybody within their service area. It's gone through many changes throughout Vollent Communications' life, but it has always been and is still currently, a broadband internet service. Currently, Vollent Communications has no plans to expand into fiber optic networking or internet, keeping their broadband infrastructure as the primary. As with Vollent Cable, there are multiple plans that customers can choose from.

V-Lite 100 Plan (The Cheapest)

• The V-Lite 100 Plan is Vollent Internet's most basic internet plan available. The speeds are up to 100 Mbps with this plan, which costs $37 a month. It also comes with a data cap of 600 GB a month and when it's exceeded, caps the internet speed at 50 Mbps until the next billing period. A Vollent Internet router can be included for an extra $2 a month charge. This plan is good for up to 4 devices using the internet simultaneously.

V-Lite 300 Plan

• The V-Lite 300 Plan is one of Vollent Internet's internet plans that are available. The speeds are up to 300 Mbps with this plan, which costs $50 a month. It also comes with a data cap of 600 GB a month and when it's exceeded, caps the internet speed up to 150 Mbps until the next billing period. A Vollent Internet router is included in the plan free of charge when combined with Vollent Cable service. This plan is good for up to 8 devices using the internet simultaneously.

V-Power 500 Plan

• The V-Power 500 Plan is one of Vollent Internet's internet plans that are available. The speeds are up to 500 Mbps with this plan, which costs $77 a month. It also comes with a data cap of 600 GB a month and when it's exceeded, charges an overage fee of $135 for continuously fast speeds. A Vollent Internet router is included in the plan free of charge. This plan is good for an infinite number of devices using the internet simultaneously.

V-Power 800 Plan

• The V-Power 800 Plan is one of Vollent Internet's internet plans that are available. The speeds are up to 800 Mbps with this plan, which costs $165 a month. It also comes with a data cap of 600 GB a month and when it's exceeded, charges an overage fee of $135 for continuously fast speeds. There is an optional "Unlimited Internet" addon you can add to remove the data cap and overage fees for an additional $130 a month. A Vollent Internet router is included in the plan free of charge. This plan is good for an infinite number of devices using the internet simultaneously.

V-Extreme 900 Plan

• The V-Extreme 900 Plan is one of Vollent Internet's premier internet plans that are available. The speeds are up to 900 Mbps with this plan, which costs $290 a month. It also comes with the "Unlimited Internet" addon free of charge, meaning no data caps or overage charges. A Vollent Internet router is included in the plan free of charge. This plan is good for an infinite number of devices using the internet simultaneously.

V-Extreme 1200 Plan

• The V-Extreme 1200 Plan is Vollent Internet's most expensive internet plan available. It is also the first and only internet plan in the nation to offer gigabit speeds via cable lines, as opposed to fiber optic technology, meaning Vollent Cable service is required to be able to purchase this plan. The speeds are up to 1200 Gbps with this plan, which costs $460 a month. It also comes with the "Unlimited Internet" addon free of charge, meaning no data caps or overage charges. A Vollent Internet router is included in the plan free of charge, with the Vollent Internet "Gigabit Cable Service" addon being a one-time charge of $400. This plan is good for an infinite number of devices using the internet simultaneously.

Vollz Brand

Overview Of Vollz

Vollz is the brand of TV channels run and operated by Vollent Communications. Vollz began operations on November 15th, 2010 during a time when Ralph Beyer had been leading the company, the same year that the Founder of Vollent, Jonathan Dimitrov, willingly resigned from the company. Ralph Beyer had the expansionist mindset, and that mindset only grew in size and proportion at virtually every company in the nation at that time, due to the ever-decreasing strength of the nation's economy. The thought was, was that if just one idea had struck gold, that the company would be able to avoid insolvency and bankruptcy. Fortunately, that never happened to Vollent, and some believe the Vollz TV channels played a major part in that.

Channels

Vollz had multiple channels and is available on practically every TV provider within the nation, for a charge.

Vollz Kids

• Vollz Kids is a Vollz TV channel that's oriented towards children's programming. It launched on August 7th, 2012, after receiving a funding donation from the government in exchange for creating and operating a Vollz channel oriented towards children and teens. Previously, Vollz channels had mainly been for adults.

Vollz Music

• Vollz Music is a Vollz TV channel that's oriented towards music and music videos. It was one of the launch channels of the Vollz brand, launching on November 15th, 2010, and later adding a children's music block on August 7th, 2012, after creating and launching the Vollz Kids TV channel.

Vollz

• Vollz is a Vollz TV channel that's oriented towards general TV programming and showcases dramas, operas, movies, etc. It was one of the launch channels of the Vollz brand, launching on November 15th, 2010.