Bankrupt dutch

KPNQwest plays down Andersen link

News KPNQwest auditors have denied claims that a former Arthur Andersen executive approved the now-bankrupt company's 2001 annual report. Deloitte and Touche, which bought the Dutch division of Andersen this... [26 Jun 2002]

KPNQwest network may be split up

News Because of that, of the 200 staff given their jobs back after KPNQwest went bankrupt, only the Belgium eBone 40 are going to get paid for over a week's hard work. However, a spokesman for the main trustees of the... [25 Jun 2002]

KPNQwest creditors refuse to lend more money

News The creditors of bankrupt data carrier KPNQwest have refused more funding for the network despite the fact that the money was collected by customers of the data carrier on the promise that it would be used to keep the... [21 Jun 2002]

Infonet replaces KPNQwest at parent company

News Infonet has won bankrupt KPNQwest's position as the supplier of IP virtual private network services to customers of the troubled data carrier's parent company KPN. Since going bankrupt nearly two weeks... [12 Jun 2002]

KPNQwest saved at the eleventh hour

News Bankrupt data network company KPNQwest last night raised enough money from outstanding customer bills to keep operations alive until 1 July. The Dutch telecoms company has offered to pay E8m - twice its... [12 Jun 2002]

KPNQwest: Plug to be pulled within days

News Dutch telco KPN says it will stop funding its bankrupt offshoot KPNQwest within days, placing Europe's largest data network on the verge of total shutdown. KPN said it has been paying E500,000 (£321,500)... [05 Jun 2002]

KPNQwest customers face network nightmare

News Customers of bankrupt fibre optic network operator KPNQwest could be in serious trouble if they have not already put alternative network providers in place. A spokesman at Dutch airline KLM said: "Our... [31 May 2002]

KPNQwest network faces meltdown

News Customers who use KPNQwest's pan-European fibre optic network could find themselves connectionless if creditors for the bankrupt company decide to pull the plug. The Dutch provider, which filed for... [30 May 2002]

Letsbuyit management call it a day

News A Dutch court on Tuesday granted the company temporary protection from its creditors until 14 March, with the power to declare it bankrupt if a suitor isn't found before then. Last night the firm,... [04 Jan 2001]

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