Recently released financial statements for Aventiv Technologies – the parent company of Securus Technologies – reveal that the prison telecom corporation capitalized on the COVID-19 public health crisis to rake in massive gains on the backs of struggling families.
Securus Pulls Out of Merger with ICSolutions Following Pressure From Worth Rises
Yesterday, industry behemoth Securus pulled out of its agreement to purchase ICSolutions. This transaction would have further consolidated the prison telecom industry and given Securus unprecedented control, hurting competition and, in turn, public interest.