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.
.@AireSpring hires former @CenturyLink @MegaPath execs as regional #channelmanagers. #cloud #SDWAN goo.gl/fb/1nEQSQ
February 21 2019 @ 17:45:02 UTC
.@BCNTelecom1 expands its agreement with a long-time partner. goo.gl/fb/S25Sjj
February 21 2019 @ 02:23:04 UTC
RT @Channel_Expo: We're proud to announce AT&T as our Official Security Sponsor! Meet with them at #CPEXPO at booth 531 >> https://t.co/uT…
February 20 2019 @ 21:19:29 UTC
.@MomentumTelecom acquiring Metro Optical to expand portfolio. #UCaaS #SDWAN goo.gl/fb/16EkGM
February 20 2019 @ 21:10:12 UTC
What led to @MNJTechnologies winning over a customer from a major carrier? It wasn't just cost. goo.gl/fb/Zt3swJ
February 19 2019 @ 23:50:48 UTC
.@PaloAltoNtwks acquiring @demistoinc in $560 million deal. #cybersecurity goo.gl/fb/JNAueT
February 19 2019 @ 23:36:20 UTC
.@Windstream facing tough financial decisions after court defeat. #bankruptcy goo.gl/fb/yGDkpZ
February 19 2019 @ 21:25:30 UTC
.@jenneinc rolls out new #cloud commissions dashboard for cloud partners. goo.gl/fb/jmF5kh
February 19 2019 @ 20:32:09 UTC