Global Crossing''s Road To Ruin
Officials of the Bermuda-based company insist Winnick''s strategy of wrapping the globe in 100,000 miles of fiber-optic cable and selling it directly to telecoms and Internet service providers
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Officials of the Bermuda-based company insist Winnick''s strategy of wrapping the globe in 100,000 miles of fiber-optic cable and selling it directly to telecoms and Internet service providers
Laying fiber and selling its use to large firms, telephone companies and Internet Service Providers seemed to be a slam-dunk business model.
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Business category·January 27, 2026 Meta, Corning sign deal worth up to $6 billion for fiber-optic cables in AI data centers
Amphenol Corporation (NYSE: APH) today announced that it has completed its previously announced acquisition of CommScopes (NASDAQ: COMM) Connectivity and Cable
Flag Telecom, one of the firms that helped spark the fiber-optic building boom of the late 1990s, files for bankruptcy protection after missing debt payments. By Joanna Glasner.
Fiber-network provider Everstream has filed for bankruptcy in Texas after struggling with its debt load and underperforming rivals. The Cleveland-headquartered company has about $1.06
Fiber-optic technology offers incredible upload speeds that are significantly faster than traditional cable-modem internet connections. With Verizon Fios Internet, small business owners can enjoy upload
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Cablevision Lightpath LLC, a fiber optic communications services provider that is majority controlled by Altice USA Inc., is looking to sell as much as $2.8 billion of asset-backed securities.
A construction company overseeing installation of fiber optic internet in the East Valley has filed for bankruptcy, leaving businesses in the lurch.
360networks: A fiber optic company that had a market capitalization of over $13 billion but filed for bankruptcy a few months later. AboveNet: Its stock rose 32% on the day it announced a stock split.
The dynamic Fiber Optic Trunk Cable Market is characterized by organizations aiming to enhance resource utilization while effectively minimizing costs. As businesses navigate an
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While human ambition, greed, and flawed judgment led to one of the most spectacular business failures of the early 21st century, the underlying
A fiber optic construction company—formerly engaged in multiple infrastructure projects across the state—has filed for bankruptcy protection following a surge of no-pay allegations from subcontractors
Tongding Interconnection (002491.SZ), a stock that surged over 400% this year, hit its 10% daily limit down on July 2, triggering its first abnormal trading volatility notice of the year due to
The national leader in the installation of fiber solutions and infrastructure for internet services files for bankruptcy protection.
Fiber optic internet delivers blazing-fast speeds and reliable connectivity, making it a top choice for modern homes and businesses. However, setting up a fiber optic connection to your router
Everstream Networks, a provider of fiber networks to businesses, and several affiliates filed for Chapter 11 protection in Texas on Wednesday, citing at least $1 billion of estimated...
Bankruptcy has forced Frontier to entertain these previously ignored long-term opportunities in its effort to restructure itself and return to business. In Frontier''s chart below, “CAGR
Facebook parent Meta Platforms will pay Gorilla Glass maker Corning up to $6 billion over the next several years in a deal to provide fiber
Fibertronics, Inc. is an SBA certified woman-owned small business providing USA manufactured customized fiber optic and low voltage cable assemblies, and
To meet that demand, the company built a fiber optic network that eventually linked more than 200 major cities in 27 countries. Unfortunately, not enough customers signed on to make
Global Crossing Ltd, which spent five years and $15 billion to build worldwide network of high-speed Internet and telephone lines, files for bankruptcy after failing to find enough customers to
Similar to dot-coms, telecommunications companies, too, experienced a bubble that concluded in a tragic crash. But before the bubble burst, telecom companies managed to raise $1.6