Metromedia Fiber warns of possible bankruptcy :-(

Tue Mar 19 22:10:14 UTC 2002

On Tue, 19 Mar 2002 16:58:46 -0500 Deepak Jain <deepak at ai.net> wrote:
> Since they are defaulting on a $975B note to Verizon, and since they have
> been saying Verizon does lease dark fiber from them, it would be the
> easiest
> thing in the world for Verizon to take control of MFNX.

> The real question is will they merge it with Genuity?

1) $975B seems a tad large

2) it was my understanding that Genuity was spun off when GTE merged with
BA, a requirement imposed by the regulators.

richard
--
Richard Welty                                         rwelty at averillpark.net
Averill Park Networking                                         518-573-7592
              Unix, Linux, IP Network Engineering, Security