June 17, 2002
XO Communications Said to Plan Bankruptcy Filing
NY Times: XO Communications, the telecommunications service provider, is expected to file for bankruptcy protection today and present a reorganization plan that will probably raise questions among its creditors, according to executives close to the company. (full story)
My spin: So what's a small business to do...? They sign up with XO and or some other telecom carrier - offering advanced phone service, web hosting and more...to get away from the lethargic baby bells...but then XO goes out of business...but the baby bells, AT&T and others are still around!
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