Slashdot Mirror

← Back to Stories (view on slashdot.org)

@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.

1 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*