The Clinton, Miss.-based company on Monday received approval from the U.S. Bankruptcy Court for the Southern District of New York for $2 billion in debtor-in-possession funding to keep the company operating while it reorganizes. Just days after WorldCom's bankruptcy, Verizon asks federal regulators to let it demand deposits or cash up front from network customers as a financial safeguard. Will it set a trend?. The telephone and high-speed Internet service provider said it is looking for some future safeguards considering WorldCom went into bankruptcy owing Verizon $121 million.
CNET también está disponible en español, Don't show this again, Nortel Networks said Wednesday it will be the exclusive supplier of telecommunications equipment to vacation resort company Club Med as part of a seven-year outsourcing agreement, Under the contract, Club Med's voice and data systems will be upgraded and expanded at international resorts from West Africa to Polynesia, Nortel will also provide call routing equipment to the company's call centers, located in the United States and Australia, The value translucent co-molded case for iphone xs max of the deal was not disclosed..
CNET también está disponible en español. Don't show this again. Shutting down is "certainly a possibility, but I don't want to jinx it," Dong said. The financial troubles at hereUare Communications is a rare black mark against Wi-Fi, a wireless network standard used to create a 300-foot zone where any device outfitted with a special kind of modem can access the Internet or send files to another computer without using wires. Wi-Fi has been one of the few bright spots in the gloomy wireless telecommunications industry, which is set to suffer its unprecedented second year of declining cell phone sales. But the number of Wi-Fi networks, now about 18 million, is expected to at least double by 2005.
Wi-Fi networks have also begun showing up translucent co-molded case for iphone xs max in a small but growing number of coffee shops, hotels, bars and other public areas hoping the wireless access will draw in more customers, Most offered the service for free, Companies such as hereUare, Boingo Wireless and Sputnik turned themselves into wireless Internet providers (WISP) by partnering with as many of these so called "public hot spots" as possible, It was a way to grow a nationwide network without doing much heavy lifting, The WISPs would pay to outfit a location with a Wi-Fi network or the appropriate software to do things like bill a person for access, In exchange the WISPs would get a share of any revenue..
But the cash outlays for hereUare proved burdensome, so much so that the investors are now refusing to pay out more cash, Dong said. Alan Nogee, a wireless analyst with research firm Cahner In-Stat, said the economic haze is precisely the reason why it's tough to tell if hereUare is a victim of the economy, or if the sale is a larger sign that Wi-Fi's nearly two-year long run of growth is about to end. After all, the economy is taking huge chunks out of everyone, so why not Wi-Fi as well?. "Now's not a good time for anybody," he said.