Investment bank shutdowns and bankruptcies, coupled with billions in government bailouts for private companies, have strangled the credit market.
In fact, money is so hard to come by that Qwest Communications International Inc. (Q) and Cablevision Systems Corp. (CVC) said this week it’s thinking of using cash on hand to pay off debt, rather than trying to roll it over.
“The markets today will make us have to evaluate any debt,” Bloomberg quoted Qwest CEO Edward Mueller as saying this week at a conference.
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November 13 2018 @ 19:23:17 UTC
.@Cisco announces #BroadCloud Calling and improvements in #huddles spaces. https://t.co/VAcGljxaSJ
November 13 2018 @ 13:01:22 UTC
.@RingCentral briefs partners on what's ahead at this week's #ConnectCentral18. #UCaaS https://t.co/tu5hzdxKb9
November 13 2018 @ 04:30:08 UTC
.@Telarus added @sharpentech and @ThriveNet to its supplier stable. https@sharpentechqALQ3@ThriveNetttp://twitter.com/telarushttps://t.co/bveXqALQ38rus
November 12 2018 @ 23:25:03 UTC
Hear how the personal use of mobile devices represents an enterprise security risk. Register for the webinar >>… https://t.co/w27nJFUKWZ
November 12 2018 @ 16:15:13 UTC
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