Feb 22, 2002 | broadband, business
It was reported yesterday that XO Communications (the successor to Concentric Networks) expects to file for Chapter 11 bankruptcy within two weeks. No information is available yet on whether this will affect XO’s customers for dialup access, DSL, or web site...
Jan 24, 2002 | business, computers
Gateway continues to fall apart. Steep drop in fourth-quarter sales, another 15% cut in work force, more store closures. The future looks very dim. Interestingly, EMachines is hanging in there. I thought they’d be bankrupt by this time. It’s no longer a...
Dec 5, 2001 | broadband, business
The game of chicken poker is over and the loser is: everybody. AT&T drove Excite@Home into bankruptcy, hoping to pick up its assets for $300 million. The bondholders objected and said the assets were worth $1 billion. The bankruptcy court gave Excite permission to...
Nov 29, 2001 | broadband, business
The December 10 issue of Forbes magazine presents an interesting theory to explain how Excite@Home wound up in its current embarrassing predicament. “A new conspiracy theory alleges that AT&T, despite controlling 23% of @Home’s common shares and 74% of...
Nov 27, 2001 | broadband, business
Early this year Northpoint shut off DSL service to 100,000 customers with only a few days notice. It caused such a flap that I thought nothing like it would ever happen again. Guess what? Excite@Home says service might be shut off on Friday to 4.1 million cable...
Oct 7, 2001 | broadband, business
XO Communications is struggling to survive. Layoffs, salary freeze, reduced advertising – all the signs of yet another telecommunications company on the ropes. Here’s an article with more details.
