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Forums » FairPoint Hopes To Delay $11 Million Debt Payment » My best guess...
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« Can we delay payment too?  
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Tarheels Fan
Premium
join:2006-01-05
My best guess...

Is the company will have to file for Chapter 11, which will allow them to restructure their debt. In the end, you will most like see a merger come from this, possibly with Centurytel/Embarq outfit.

hottboiinnc
ME

join:2003-10-15
Cleveland, OH
·Time Warner Cable
·buckeye cable

doubt it. they'll come back if they file for Chp. 11. they'll only go that far to get rid of some of their contracts.

If they were smart they'd get rid of their ISP side and outsource it so some other company- would shed a lot of debt and still keep jobs in this country if the used a company that kept jobs here.


n2jtx

join:2001-01-13
Glen Head, NY
·Optimum Online

reply to Tarheels Fan
If they declare bankruptcy, maybe Verizon can buy them at fire sale prices. That way they keep the money they already got, the tax breaks they got and wind up with all the infrastructure in their portfolio again.
--
I support the right to keep and arm bears.


cableties
Premium
join:2005-01-27
·Verizon FIOS

Hence the name FailPoint.

Alas, a relative is mired in their FAILure to pay overtime. They have employees working extra hours, under an "emergency" clause.

Where's that "pudding" now, oh Southern leader?
--
Weeeeeeee!


TScheisskopf
World News Trust

join:2005-02-13
Belvidere, NJ
·Sprint Broadband D..

reply to Tarheels Fan
If that happens, it will be the best news for people up there since sliced bread. My website partner lives up there and the broadband situation is dire. once you get out of the cities and a few towns, there is nothing but sat and in a snowy clime like that, tree-filled as well, things are not optimal, to say the least.

Also, at his office, which has DSL, the connection is up, down and all around. The problems sound, to me like DNS or DHCP issues, or exhaust on a rather grand scale.

If where I was, yesterday, in the Poconos, setting up a wireless home network, can have both DSL and cable(Bubba, this was the WILDS. Deer in people's yards. Bears a common occurence. Re-fargin'-MOTE.), them folks in VT can have HSI too. It's just a matter of will. And some state legislative effort, methinks.


Paulg
Displaced Yooper
Premium
join:2004-03-15
Neenah, WI
clubs:
Wow, you don't get out of the city much do ya?

I see deer, bear, raccoons, grouse, etc. in my yard all the time, and I'm not in an area even close to remote.

Ahrenl

join:2004-10-26
North Andover, MA
·Verizon FIOS

Northern and central NH, VT, and ME ARE remote. There are some pretty remote places in MI too. That being said, I'm 20min's outside of Boston and I've seen packs of deer running through our neighborhood, so that certainly doesn't qualify a place as remote.
-
Forums » FairPoint Hopes To Delay $11 Million Debt Payment« Can we delay payment too?  


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