AS286 effectively no more..

Thu Jul 25 09:13:26 UTC 2002

>> Unless someone buys the equipment and agrees to theke the IRU:s on -
>> they  are worthless.
>
> You can make fiber IRUs stick even if the company who bought the fiber
> goes belly up.

Yes, but this is the other way around. If the company you bought the IRU 
from goes belly up, there is no guarantee you can keep them running. That 
is up to the agreement between the seller (the administrator) and the buyer 
(of the bancupcy assets).

> IRUs ("Indefeasible Rights of Use" seems to be the acronym?) as far as I
> know, is just that, you actually own the fibers you IRUed for the time
> being.

Well, it's actually more like a land lease contract. You don' own them, you 
have the right to use it as you see fit for the agreed time period though.

Best regards,

- kurtis -