Americas Network :: Widespread talk that Genuity may have to declare bankruptcy raises questions about the viability of the Internet backbone business, in which the company is a key player. The only other “pure play” in this market, PSINet, went into Chapter 11 and most of its assets were sold off to Cogent Communications, which is migrating customers off the PSINet network onto its own unconventional optical Ethernet backbone. And WorldCom, the dominant Internet backbone provider, also has filed for Chapter 11.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post