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Opinion: Clarification

Posted: 10/2002

Clarifications

  • In the September Prepaid
    Supplement industry news, John Gill, former president of Global Prepaid
    Alliance Inc., was mistakenly identified as a founder of that organization.
    PHONE+ regrets the error.

  • In an article, "End of the
    Line?," in the September issue of PHONE+, it was inaccurately stated
    that FiberNet Telecom Group was on the verge of a bankruptcy filing. The
    company is not in default of its bank agreement and has executed a
    nonbinding letter of intent with its lenders to convert $66 million of bank
    debt into common stock. The agreement was subject to a number of closing
    conditions.


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