Everstream: Chapter 11 Won't Affect Customers
Chapter 11 bankruptcy won't interrupt any service operations or change the rates or terms of service provided to existing customers, Everstream told the FCC in a letter posted Friday. The Cleveland fiber operator said it had reached an agreement to…
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be purchased by Missouri-based Bluebird Fiber as part of a bankruptcy reorganization. The Bluebird deal follows the sale of Everstream's Illinois and St. Louis metropolitan area networks and its plan to wind down its Pennsylvania operations, it said. Absent a rival bidder, the company expects its Bluebird transaction to close by year-end, it added.