by Pivot
Tag: Bankruptcy
CEO Foretells a Bright Future for Starry Post-Bankruptcy
Fixed wireless provider Starry has learned from mistakes of the past and is on a path to being free cash flow positive some time next year, said Starry CEO Alex Moulle-Berteaux at an investor event…
Starry Emerges from Bankruptcy as a Private Company
Fixed wireless access (FWA) provider Starry Group Holdings, Inc., has emerged from Chapter 11 bankruptcy as a smaller, more narrowly focused privately held company. The implementation of Starry’s reorganization plan completes a process that began…
Starry Poised to Emerge from Bankruptcy, Appoints New CEO
Fixed wireless provider Starry expects to emerge from bankruptcy later this summer. The company filed for bankruptcy in February when it encountered financial difficulties. Starry announced a new CEO — co-founder and former chief operating office…
Starry Files Chapter 11, Says It Will be “Better Positioned for Success”
Fixed wireless provider Starry has filed voluntary petitions for Chapter 11 relief in the U.S. Bankruptcy Court for the District of Delaware. The company said it has entered into a restructuring support agreement with lenders.…
Musk Hints at SpaceX Bankruptcy Possibility, Not the Best News for Starlink RDOF Vetting
SpaceX employees were recently put on notice by the company’s infamous leader Elon Musk, who informed them bankruptcy could be on the horizon for the company. It’s notable for the broadband industry, considering the company’s…
High Drama in MobiTV Bankruptcy Auction
MobiTV, a video services provider for over 100 video operators, is in bankruptcy with auctions underway for both its assets and for its patents/intellectual property. There are quite a few bidders and some drama as…
Frontier Sets Bankruptcy Exit Date, Names New Board
Frontier is poised to exit bankruptcy after receiving all regulatory approvals. The company announced it expects to exit bankruptcy on April 30th and a new Frontier board has been appointed to oversee a strategic transformation…
Frontier Gains Final Approval, Bankruptcy Exit Imminent
Frontier received final approval for its exit from bankruptcy today. The California Public Utilities Commission was the last remaining approval needed, setting up the company’s exit from bankruptcy in the “coming weeks.” Frontier filed for…
Charter Hit With $19 Million Fine for False Advertising About Windstream Bankruptcy
It’s an enticing strategy, but a cautionary tale. Charter has been hit with a $19 million fine for false advertising during the Windstream bankruptcy reorganization. Windstream filed for bankruptcy in 2019 but has since restructured…
MobiTV Files for Bankruptcy, Will Undergo Restructuring (Updated)
Video software provider MobiTV has filed for voluntary Chapter 11 bankruptcy, the company announced today. MobiTV provides video solutions for numerous providers, large and small. Under the voluntary chapter 11 bankruptcy filing, submitted to U.S.…
FCC Gives its Blessing on Frontier Restructuring, Company Expects to Exit Bankruptcy Soon
Frontier may soon exit bankruptcy, with news that the FCC has approved the company’s restructuring plan. Frontier now has approval from 13 states and reports it will emerge from Chapter 11 in “early 2021.” Frontier…
California May Impose Lots of Conditions for Frontier to Exit Bankruptcy
Frontier and other stakeholders have filed a joint motion with the California Public Utilities Commission asking the PUC to approve Frontier’s emergence from bankruptcy, subject to certain conditions. And there are a lot of conditions,…
