Seems that a lot of us, at least in Hawaii, are following old Hawaiian Telcom into Chapter 7, 11 and 13 lands. "A review of U.S. Bankruptcy Court filings shows there were 215 filings in November, the most in any month this year," says this Honolulu Advertiser story. "That was a 72 percent increase from … Continue reading Bankruptcy: It’s Fantastic!
Apparently, Hawaii Governor Linda Lingle–fresh off the John McCain campaign trail, where she made a name for herself ridiculing Barack Obama's Hawaii roots–is also taking an interest in Hawaiian Telcom's troubles: "Our Department of Commerce and Consumer Affairs, the Consumer Advocate and the Public Utilities Commission has been closely monitoring the company's financial circumstances and … Continue reading HT still not OK
Been reading about Hawaiian Telcom's filing Chapter 11 bankruptcy this morning. Not that it really affects me–I haven't had a land-line in years, which is probably part of HT's problem. Certainly, the trend towards cell-phones, Skype and cable phone service is certainly causing problems for Hawaiian Telcom (to the tune of $425 million in losses … Continue reading HT not OK