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View Full Version : Genuity files for bankruptcy protection - Offloads assets to Level3


CipherVendor
11-27-2002, 07:32 PM
http://biz.yahoo.com/djus/021127/1744000711_1.html

cabalstudios
11-27-2002, 08:41 PM
Shame Genuity helped invent the Internet and were very stable network wise.

Level3 have got themselves a nice bargain..
Mind you nice ASN number (ASN2) ... Wonder if they will sell it to make some $$$ ... haha

Original press release from Genuity : http://www.genuity.com/announcements/news/press_release_20021127-01.xml

Acroplex
11-27-2002, 08:47 PM
Genuity (former BBNplanet) has a sucky network in Florida. Level3 will hopefully fix that crap!

skylab
11-28-2002, 05:32 AM
i guess that means yipes is now going to owe level3 double the amount of money they already do? :)


indeed a sad day. imagine if cogent bought em!! whew, that would be a 100 post thread! darn..

BiGWill
11-28-2002, 08:20 AM
heh :D
imagine cogent as a deliverer for Internap ;))
well anyway ...they didn't ...
and l3 continues it's acquitions tour...
btw. does this contract include the european parts of their network too?

best regards,