Court Orders ExciteAtHome to Shut Service
SAN FRANCISCO (Reuters) - A federal bankruptcy judge ordered Internet
service provider ExciteAtHome Corp. (OTC BB:ATHMQ.OB - news) to shut its
high-speed Internet service at midnight Friday, but said he was
confident the company could quickly strike a new deal with cable companies to
prevent service interruption for its some 4 million subscribers.
Does Reuters know something CNet doesn't?
Yet another take, this time from AP:
"Bankruptcy Judge Thomas Carlson said Redwood City-based ExciteAtHome
could reject its existing
contracts with the cable companies as early as 3 a.m. EST Saturday, when
their contracts expire,
saying they had become "clearly burdensome" to the company."
Which would put the deadline at Midnight Pacific time.
Sean Donelan wrote: