bankruptcy

 

Wholesale – NorthPoint Files for Bankruptcy Protection, Seeks a Buyer

Posted: 03/2001 Wholesale NorthPoint Files for Bankruptcy Protection, Seeks a Buyer By Josh Long Despite action to lower expenses, DSL provider NorthPoint Communications Inc.(www.northpoint.net) filed for Chapter 11 protection with the U.S. Bankruptcy Court in January. In the six-week aftermath of a failed merger agreement with Verizon Communications Inc. (www.verizon.com), the San Francisco-based provider announced […]

Business News – JD Services Files for Bankruptcy; VoCall CEO to Challenge Bankruptcy Petition

Posted: 11/2000 JD Services Files for Bankruptcy; VoCall CEO to Challenge Bankruptcy Petition By Josh Long JD Services Inc., a provider of cellular, pre-paid, and long-distance products and services, filed for bankruptcy in September under Chapter 7 in the U.S. Bankruptcy Court District of Utah. Headquartered in Salt Lake City, JD Services initially filed for […]

Business News – Time Warner to Buy GST Assets

Posted: 10/2000 Time Warner to Buy GST Assets Time Warner Telecom Inc. (www.twtelecom.com) and GST Telecommu-nications Inc. (www.gstcorp.com) have announced that Time Warner will purchase GST’s assets for $690 million, excluding the majority of those in Hawaii and residual cash balances.The consideration consists of cash and assumption of certain assumed liabilities, according to the announcement […]

No Spectrum, No Deal: Court Puts NextWave Future InDoubt

Posted: 02/2000 No Spectrum, No Deal: Court Puts NextWave Future In Doubt By Ken Branson What had appeared originally as a boost for financially strapped NextWave Telecom Inc. (www.nextwavetel.com) has turned into a bust. NextWave Telecom’s problems began after it paid too much for 30 MHz spectrum. The price tag led the company to seek […]

NEWS BRIEFS

Posted: 02/2000 NEWS BRIEFS? * EqualNet Corp., San Antonio, announced its common stock was pulled off the Nasdaq Stock Market as a result of not having met its maintenance listing requirement of $1 per share minimum bid price. EqualNet’s common stock now is traded on the Over the Counter market. EqualNet filed Chapter 11 bankruptcy […]

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