KPNQwest to be shut down ?

Sat Jul 13 10:06:40 UTC 2002

http://www.cbronline.com/cbr.nsf/latestnews/3D7D494A2E3C728A80256BF4001084B0?Opendocument

07/12/2002


                   Curtain Being Drawn on KPNQwest Network

                   The future of the KPNQwest network looks bleak, after the Customer Support
                   KPNQwest foundation decided to withdraw its support for the operation from
                   23.00 hours tonight.

                   The foundation was co-founded by Dutch carrier KPN NV to enable the bankrupt
                   network to continue operating while possible buyers were found. Yesterday KPN
                   said that much of the network had already been sold off and customers had found
                   alternative options. Consequently, traffic had dropped and "the foundation sees
                   no reason to continue supporting the network."

                   Dutch incumbent KPN added that "the receivers and banks have still not
                   responded positively to KPN's offer to take over the remaining sections of
                   rings 1,2 and 3 in of the KPNQwest network in Northwestern Europe". KPN added
                   that as far as it was aware, its offer was the only concrete one. It said,
                   "whether the Foundation's decision to stop support of the network leads to its
                   closure depends on the receivers and the banks."

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André Chapuis
IP+ Engineering
Swisscom Ltd
Genfergasse 14
3050 Bern
+41 31 893 89 61
chapuis at ip-plus.net
CCIE #6023
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