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On December 1, 2008, the company filed for Chapter 11 bankruptcy after missing an interest payment on its debt. [16] With the bankruptcy, The Carlyle Group's ownership had been reduced to a small stake. In November 2009, Cerberus Capital Management announced to the bankruptcy court that it had acquired $7.6 million of Hawaiian Telcom's debt. [17]
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The ISP was found guilty of willful contributory copyright infringement and ordered to pay music publisher BMG $25 million in damages. [60] [61] This verdict was reaffirmed by the judge on August 8, 2016. [62] On February 14, 2017, Cox was ordered to additionally pay $8.5 million in costs. [63]
Global Village Telecom was founded in April 1998 by a group of Israeli investors led by entrepreneur Joshua Levinberg, who previously founded Gilat Satellite Networks. Their idea was to build a satellite-based phone network for remote locations in South America using the VSAT technology that was developed by Gilat Satellite Networks .
Satellite Launch Date Launch Site Launcher Mass Status Note Türksat 1A: 24 January 1994 ELA-2 Guiana Space Centre: Ariane-44LP H10+ 1,743 kg (3,843 lb) Failed Türksat 1B
Amongst other things, the plan included a full cash payment to possession lenders, bank lenders, joint venture partners and, no payments to claims and equities of the Rigas family. [12] In July 2006, Adelphia sold its cable operations to Comcast and Time Warner for $17.6 billion in cash and shares in Time Warner's cable unit. Out of that amount ...
Comcast Cable Communications, LLC, doing business as Xfinity, is an American telecommunications business segment and division of the Comcast Corporation.It is used to market consumer cable television, internet, telephone, and wireless services provided by the company.