KPNQwest Files for Bankruptcy 189
ives writes "Today KPNQwest filed for bankruptcy. KPNQwest owns the most important fibre backbone in Europe. Apparently they are not planning on switching off their network, but without maintenance it will probably slowly degrade. The official press release can be found here."
no backbone? (Score:2, Funny)
bah-dum ching!
Obvious answor (Score:4, Funny)
graspee
Re:I'm not sure that's such a great plan (Score:4, Funny)
backbones going bust (Score:2, Funny)
Re:The new Dark Fiber problem.... (Score:5, Funny)
Chris Mattern
Re:US Buyout? (Score:3, Funny)
"All your wireless-base belong to U.S."
OK, it was lame. Just don't throw any lutefisk.
Re:I'm not sure that's such a great plan (Score:4, Funny)
-l
Investment Insight (Score:5, Funny)
If you bought 1000 euro of Nortel Networks stock last year, today you'd have 59 euro.
If you bought 1000 euro of KPNQwest stock in January 2000, today you'd have 12.50 euro.
If you bought 1000 euro of Alcatel stock in January 2000, today you'd have 170 euro.
If you bought 1000 euro of L & H stock in January 2000, today you'd have 170 euro CENTS.
But if you spent 1000 euro last year on full crates of Heineken, and drank it all, today you'd have 380 euro of (bottle) deposit money.
Moral of the story: the most economically responsible solution is to sit on the couch all day watching soccer on TV with a beer in your hand.