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.

Comments

This is too confusing

[compugeek007]

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.

Strange terms?

[dbolger]

...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.

@home deal falls through

[rant-mode-on]

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?"

Apple's Default Web Page

[schwatoo]

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?