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Chapter 11 For Excite@Home

n8twj writes: "According to this story at CNET News, Excite@Home, the leading provider of broadband Internet access, said Friday it will file for Chapter 11 bankruptcy protection and sell its high-speed network to AT&T for $307 million in cash." jgbrown adds: "@Home files for Chapter 11, they are going to sell their assets to AT&T unless they get a higher offer. Here is a Yahoo News link." An Anonymous Coward adds a link to a story at cnnfn.com." Just like Loki and Exodus, this doesn't mean that Excite@Home has dropped off the face of the earth -- it does mean that are seeking legal protection from creditors in an attempt to reorganize.

7 of 141 comments (clear)

  1. This is too confusing by compugeek007 · · Score: 5, Funny

    Okay maybe ssomeone here with a higher mental capacity can help me -

    I Have @Home service, But I pay my bill to AT&T @Home. My cable TV is Comcast, but I pay my bill to ATT Cable. When I call for service, A Media One truck pulls up.

    I am beginning to think all of these cable companies are a smokescreen for Microsoft.

    --
    Jesse Wolfe Sr. Manager Systems Integration
  2. Re:The President's Analyst by Jace+of+Fuse! · · Score: 2, Funny

    AT&T is thinking about selling it's broadband access to AOL, and this deal is likely just intended to sweeten the pot. Imagine, AOL as the one true broadband provider/movie studio/tv news outlet/browser company/music label? Yep, time to start a dialup ISP in MY area ;-)

    Given all of the Sci-Fi movies where robots and computers take over the world (Terminator, Matrix, etc...) maybe having Microsoft as an OS Monopoly and AOL as the sole connectivity provider would be a really good way to keep the Robots in check.

    Them: "ALL YOUR BASE ARE BELONG TO..." [Network lag][BSOD]

    Us: Quick, someone shut that thing off, it's annoying me.

    --

    "Everything you know is wrong. (And stupid.)"

    Moderation Totals: Wrong=2, Stupid=3, Total=5.
  3. Strange terms? by dbolger · · Score: 3, Funny

    ...it will file for Chapter 11 bankruptcy protection and sell its high-speed network to AT&T for $307 million in cash...
    ...preferably in non-sequential unmarked bills.

  4. Re:I have a feeling that... by Thatman311 · · Score: 2, Funny

    Wow that sure is one way to handle a customer of yours complaining. They bitch...you flame. Man that is some awesome customer service.

    --
    Silly Rabbit...Sig's are for kids.
  5. @home deal falls through by rant-mode-on · · Score: 5, Funny

    AOL, ATT and Comcast were falling over themselves today in attempts to buy the ailing @home. However, it is believed that talks have fallen through. Evidence of this was leaked by a disgruntled employee who had a copy the 'training tape' made when Comcast called:

    @home: "Hello, can I have your at home account name please?"

    comcast: "Er, actually I work for Comcast and I would like to buy your company, and I need to speak to your CEO about a deal"

    @home: "Oh, can I have your primary email address then please?"

    comcast: "No, you don't understand, I called earlier and left a message for your CEO to call me back."

    @home: "Ok, I see the problem then. Could you unplug your cable modem for 30 seconds please?"

    comcast: "What? No, I need to speak..."

    @home: "I'm sorry that won't be possible, nobody here has telephones. You need to unplug your cable modem."

    @comcast: "You don't understand, if I don't speak to your CEO, you could lose your job."

    @home: "I'm sorry, my SEE-EE-OH doesn't have a telephone. Could you reboot your PC now please?"

    @comcast: "Oh for heavens sake, you'll be the first against the wall"

    @home: "Oh there's a problem with your wall, we'll send a technician round then. Thank you for calling @home."

    Later on, the disgruntled employee complained about @home's recruitment policy. "At the interview, they said all I needed to be able to do was to pick up the phone and to speak English. Technical ability was never a requirement. They never did trust me - I was never allowed to see the secret document that showed how to transfer calls to people that fix problems. What is a cable modem anyway?"

  6. Apple's Default Web Page by schwatoo · · Score: 3, Funny

    On every new Mac (and every time you install a fresh OS upto and included 10.1) the Web Browser's default home page is http://apple.excite.com/ will this mean there'll be a lot of machines with a lot of broken home pages in a month or so?

    --
    I have trouble with passwords among other things.
  7. kinda expected by sensui · · Score: 2, Funny

    Anyone who ever drive along 101, passing by Redwood City, around midnight will know why. They are perhaps the brightest buildings in Redwood City. PG&E bills drove them out of business for sure!