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Business News – CityNet Raises $275 Million to Build Last Mile

Posted: 06/2001 Business News CityNet Raises $275 Million to Build Last Mile By Josh Long CityNet Telecommunications Inc. (www.citynettelecom.com) raised in April $275 million in equity and debt financing to fund its last-mile broadband network rings in first- and second-tier markets.The investments allow the Maryland-based wholesaler to develop rings in the cities where it has […]

Not Necessarily News

Posted: 04/2001 Not Necessarily News Overheard … … at CompTel’s 20th Anniversary Convention in Orlando … "If you compare what is happening today [because of the Telecom Act of 1996] with what happened with the long distance market … at the end of the day, competition will take hold. You can’t stop the operation of […]

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