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@Home Network Approaching Shutdown

Posted by ryuzaki0 on from the so-long-and-thanks-for-all-the-code-red dept.

David Harris writes: "A bankruptcy court ruled today that the @Home network will be shutdown at midnight, unless the company reaches new deals with its cable partners and creditors. The decision is a victory for bondholders, owed $750 million by Excite@Home, whose motion asked the court to shutdown the network on grounds that AT&T's $307 million offer to acquire @Home's broadband network is not adequate and fair value for the network could only be found if a shutdown was forced." Read about it on excite.com, while you can. CNet has a good analysis of where things stand. 45% of the cable modem users in North America! Ouch.

3 of 797 comments (clear)

  1. Nooooo! by }InFuZeD{ · · Score: 4, Troll

    I won't be able to read Slashdot tommorow!

    *goes and collapses on the floor*

  2. stop the slurs by wifflefan · · Score: 0, Troll

    " @Home Network Approaching Shutdown
    Posted by michael on Friday November 30, @04:57PM
    from the so-long-and-thanks-for-all-the-code-red dept. "

    my response when it happens:

    " Slashdot Shuts Down
    Posted by wifflefan on Friday November 30, @04:57PM
    from the so-long-and-thanks-for-all-the-jerks dept. "

    Geez.

    w|f

  3. Help! My karma! by El+Camino+SS · · Score: 1, Troll


    How am I going to keep my precious negative karma in place if I can't keep getting slammed by cranky Europeans?

    I don't think that I can live another day without being called an arrogant, bomb-crazy warhead who likes to kill children... every time I point out that I enjoy being an American.

    After all, I do like more than to bomb innocent children with missing limbs, I mean, who doesn't?

    Cmon, admit it. Puuuut ooon the Cooowboy Haaat. LOL.