Starband Files for Chapter 11
PalmKiller writes "Well it looks like Starband is going into chapter 11. I got the email a few days ago. And just when I got CYGWIN with squid proxy working beautifully. With winproxy I rarely got any thoughput on my clients (20-50KBytes/sec or 160-360Kbits/sec), on squid I finally am getting 80-95KBytes/sec (640-760Kbits/sec continuously) and some faster bursts. Well, I guess I will ride her till she falls over and dies." Looks like Echostar's tactics have been successful. And we just did an article a few weeks ago on Starband's service, where most commenters weren't very happy.
I'm sure Adelphia Cable is next. They just got delisted from Nasdaq last week and are apparently involved in a little Enron mimmicking. Something like 2 billion worth of debt was kept off the books. I don't have the links handy but just lookup Adelphia Trouble in Google and I'm sure you'll find a hundred articles.