Covad Planning For Chapter 11

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.

Comments

Re:So how long for MSN?

[ackthpt]

Not surprised at Covad's difficulties, as I know someone who does DSL for PacBell. What's amazed me day-to-day is still seeing their little white vans zipping down Highway 17, as if being driven by someone actually still employed by Covad, rather than someone who bought it at an auction.

I think M$ style would be more like, "Here's a pile of money to bail^H^H^H^H begin innovating, also, here's a pile of Microsoft software and content product you will push, i.e. all your customers will get their service through Microsoft or a Microsoft Partner. Please upgrade all servers to IIS and all desktops to Win2000, and eradicate all individuals who defend the Cancer that is Open Source and/or Linux. Now just hand me your soul and I'll be on my way."

® Microsoft Corporation, 2001
© Microsoft Corporation, 2001

So how long for MSN?

[pjbass]

So how long will it take for Microsoft to come and gobble them up into MSN? Looks to me like they're ripe for the assimilating.