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Covad Planning For Chapter 11

Posted by ryuzaki0 on from the uh-oh-spaghetti-o dept.

Logic writes: "According to their press release, Covad Communications Group, Inc. is preparing to file for Chapter 11 protection for restructuring. One of the most important points in the release is Covad Communications Group, Inc.'s operating companies, which provide DSL services to customers, are not expected to be included in the court-supervised proceeding and will continue to operate in the ordinary course of business without any court imposed restrictions,' meaning that the operating companies which deal with service providers (such as Speakeasy, who have endorsed Covad's action) will continue to operate unfettered by the court restrictions, and end-user services should be unaffected. Hopefully." As a Speakeasy customer (at home), I sincerely hope that my connection doesn't go away.

3 of 169 comments (clear)

  1. Here We Go Again by Ulwarth · · Score: 3, Funny

    When Northpoint went under, my ISP sent me an email saying that it would be up for another 30 days so that they could switch us over to someone else. Two days later the connection died permenantly.

    I just got the email about Covad from my ISP yesterday. Hopefully this time I'll at least have time to swi

  2. Awash in hardware by hndrcks · · Score: 3, Funny

    I have provisioned DSL accounts for several offices and clients, and one thing I have experienced with EVERY vendor is some version of the following:

    1. Order service.
    2. Get DSL modem/router in mail.
    3. Tech comes to install, brings preconfigured modem with him.
    4. Tech leaves, but doesn't take other modem with him.
    5. Months go by, nobody ever asks for the extra modem.

    Currently, I have a tall stack of Flowpoint, 3com, Netopia and Lucent routers in my server room - 11 of them. How can anyone make money in this way? Northpoint, I know you are gone and don't want the routers - but Covad? NAS? Rythms? Do you want your hardware?

    I have a Qwest line ordered - maybe I'll get two Ciscos!

    --
    Everyone will start to cheer when you put on your sailin' shoes.
  3. Less Code Red by Anonymous Coward · · Score: 1, Funny

    Well, to look on the bright side, I do get a lot of Code Red attempts in my logs from Covad customer's IPs... maybe they can't afford the extra bandwidth? Maybe this is MS's plan all along (because we all know they released Code Red)? It's a CONSPIRACY I tell you!!!

    (yes, for the sarcasm-impaired, this was a bad joke, brought to you by Miller Lite)

    If I only had a job, I'd have less time on my hands for these cheezy posts... Hm, better post this AC...