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About Us. Core Communications, Inc. (CoreTel) is a Competitive Local Exchange Carrier (CLEC) based in the Mid-Atlantic, United States, with a focus on bridging the gap between Carriers/Internet Service Providers (ISPs) and their end users. Today, CoreTel's business model is aimed at growth and profitability.
It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. Red McCombs in 1972, and later taken private by Bain Capital, LLC and Thomas H. Lee Partners through a leveraged buyout in 2008.