Charter Communications, Inc., one of the largest cable companies in the U.S. today commenced the next phase of its previously announced financial restructuring, which is expected to reduce the Company's debt by approximately $8 billion. "The financial restructuring is good news...
Rich offers some in depth analysis of the Nortel saga, with a look at the bankruptcy laws of both the US and Canada, and some history of what drove Nortel to this particular fork in the road. Rich also shares his...
Rich is reporting in his blog that Nortel will file for bankruptcy today, ending the run for one of Canada's biggest corporations and one of telecom's storied companies. This marks quite the fall from grace for a company that was once...