A US Bankruptcy court judge has granted the fervent wishes of Excite@Home’s creditors to allow the cable modem provider to abandon contracts with cable companies and shut down operations.
The threat of a shut down has worried the Administration:
Earlier in the morning, Federal Communications Commission chief Michael Powell made a plea to the courts asking it to “provide for an orderly transition rather than a precipitous shutdown of Excite@Home to avoid disrupting broadband service to a significant percentage of U.S. customers.”
Without high speed connections, how can people shop at bloated, badly designed websites? And if people don’t blow the their increased credit lines by shopping online, how will Bush be able to fake his way into an economic recovery?
This’ll also annoy Ashcroft’s boys over in the Ministry of Political and Religous Purity since they’ll have to scramble to tap dial-up connections.
Possibly Related posts (machine generated):