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To: Calpernia
I agree that this deal should not go through. But what I'm wondering is why the US Gov. doesn't just pay the paltry $250 million for it. If national security is at issue, that's a drop in the bucket.
5 posted on 02/21/2003 8:13:19 PM PST by Kryptonite
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To: Kryptonite
I believe they are under contract. It already cleared BK court. The gov would first have to deny the contract. After that...I don't think the gov could buy it due to the Telecom Dereg Act. We belong to the World Trade Organization. That has something to do with gov agencies not controlling public utilities. Ideally it should go to a Baby Bell; however, their finances aren't that great at the moment. Any sale would come with the vast debt that Global carries.
6 posted on 02/21/2003 8:35:07 PM PST by Calpernia
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