Da-Chief
07-14-2008, 13:13
http://i.dslr.net/urls/52/76752.gif (http://www.dslreports.com/shownews/Broadweave-Buys-Remnants-of-Eagle-Broadband-96094)
After gobbling up Utah's iProvo municipal broadband operations for $40 million last March (http://www.corpsman.com/shownews/94208), Broadweave (http://www.broadweave.com/), a small fiber to the home operator, looks to be picking up the remnants (http://telephonyonline.com/fttp/news/broadweave-buying-houston-fttp-0714/) of the Eagle broadband network in Houston. Eagle broadband filed for bankruptcy last fall, but are most noteable for their 2005 suit against 25 anonymous individuals (http://www.corpsman.com/shownews/68166) for posting fake press releases and critical statements on the Yahoo finance message boards, which Eagle claimed led to a 76% drop in stock value. That suit wound up (http://www.citmedialaw.org/blog/2007/eagle-broadband-v-mould-another-internet-defamation-suit-dismissed-slapp) much like their broadband business.
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After gobbling up Utah's iProvo municipal broadband operations for $40 million last March (http://www.corpsman.com/shownews/94208), Broadweave (http://www.broadweave.com/), a small fiber to the home operator, looks to be picking up the remnants (http://telephonyonline.com/fttp/news/broadweave-buying-houston-fttp-0714/) of the Eagle broadband network in Houston. Eagle broadband filed for bankruptcy last fall, but are most noteable for their 2005 suit against 25 anonymous individuals (http://www.corpsman.com/shownews/68166) for posting fake press releases and critical statements on the Yahoo finance message boards, which Eagle claimed led to a 76% drop in stock value. That suit wound up (http://www.citmedialaw.org/blog/2007/eagle-broadband-v-mould-another-internet-defamation-suit-dismissed-slapp) much like their broadband business.
More...