North American Network Operators Group|
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RE: Covad, Chapter 11 !
> From: [email protected] [mailto:[email protected]] > Sent: Wednesday, August 08, 2001 7:57 AM > > On Wed, 8 Aug 2001, deeann mikula wrote: > > > On Wed, 8 Aug 2001, Smith, Rick wrote: > > > > > Just found this... > > > > > > http://www.internetweek.com/story/INW20010807S0008 > > > > i read a similar article y'day, and that was the first that i had > > heard mention of rhythms going down. either i was too busy > pulling my > > hair out last month or they were really good about keeping it quiet. > > *sigh* > > > > looks like verizon is gonna be the only xdsl provider left solvent > > when the dust settles. how scary is that, and how predictable? > > Although this may well ultimately prove true, people do realize that > filing for chapter 11 is not synonymous with going out of business, > right? Show me one case, in the xDSL CLEC business where this has held true. Thus far, *every* one of them, that has filed CH11, has gone out of business within 30 days, as near as I can tell. The track record is pretty dismal.