Broadwing/Corvis union: Year One

摘要

Broadwing has no debt, one of the newest national networks and only a small portion of its revenue stems from traditional voice services.Yet as with most service providers, the company's long-term success is not set in stone. A year ago this week, Cequel III and Corvis announced plans to acquire Broadwing for $91 million. The deal also let Broadwing eliminate more than $2 billion in debt. In November, Corvis, a maker of optical network gear and a majority owner of management company Cequel III, took 97% control of Broadwing, a move that might just save Corvis.