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.
AT&T makes a lot of mistakes, but their WorldNet service was pretty solid when I had dialup. My only other concern is the tie-in my cable provider (Comcast) might now have to AT&T. SpongeBob Squarepants over the phone, anyone?
we are talking about at&t broadband right?
they have flat out the worst customer service i've ever seen from a company, bar none.
for starters, the average time on hold to get support is about an hour. not to actually resolve the problem, or even to talk to someone, this is just being on hold.
their evening service is absolute crap, with all multiplayer games absolutely unplayable (ping times go up into the 2000 range), a problem they refuse to address--instead they're still blaming code red or any other virus of the week, since they don't want to admit that either one of their routers is screwed up or they oversold our portion of the network (appearantly code red only strikes between 6pm and 10pm weekday evenings)
and here's the kicker: this month, we found a $180 charge for "previous balance," despite the fact we pay our bill every month. so we call them up, and they refuse to explain the charge, or give an itemized list, because their billing department doesn't have access to the billing records. aces!
we're switching to dsl this payday.
-- the opinions stated above aren't those of my employer. in fact, they're probably not even my own. you know what, ju
"this doesn't mean that Excite@Home has dropped off the face of the earth"
In other words the reason we're appending this disclaimer to the end of 80% of our articles is so you don't dump your $1.05 VALinux stock when the bankruptcy article is about VALinux.
I'd expect not just the bankruptcy articles but all the conspiracy announcements about colleges taking over the world by suppressing individual freedom and 1000s of new handhelds for displaying calendars to soon end with "Bankruptcy doesn't mean closing of business".
In fact instead of appending the disclaimer to every article why not just put it in fine print on the bottom of valinux.com and get it overwith.