creditors kpnqwest
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WorldCom on the brink of bankruptcy
News For WorldCom's new CEO John Sidgmore the move will come as an embarrassment after he recently claimed the business was not another KPNQwest and hoped to avoid bankruptcy. WorldCom is expected to file for Chapter 11 bankruptcy protection from its... [19 Jul 2002]
KPNQwest network may be split up
News The French and German trustees of KPNQwest are determined to sell off the parts of the network within their jurisdiction separately from the rest of the company so they can pay off creditors. Trustees of KPNQwest are meeting today to persuade 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 network running. [21 Jun 2002]
Dutch carrier files for bankruptcy (and it's not KPNQwest)
News Investors also believe that by filing for protection against creditors Versatel can avoid repeating the collapse of KPNQwest. Versatel, the Dutch data carrier which went E1.7bn (£1.1bn) into the red when it built a pan-European cable network, has... [20 Jun 2002]
KPNQwest to pull plug at 5.30pm today?
News Europe's largest fibre optic network operator, KPNQwest, is set to shut down its entire operations at 17.30 (BST) today after the collapse of rescue talks with potential buyers and banks. A source within the company confirmed that AT&T's last... [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 bankruptcy last week, is looking for a buyer for... [30 May 2002]
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