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Telecom Junkyard

When telcos go bust, assets that cost billions to create may not be worth very much.

Telco	11 Filing	Assets	What's Happening
Winstar	April 2001	Fixed-wireless spectrum; 60-city network	Two bids at December auction
Teligent	May 2001	Fixed-wireless licenses; 11-city network	Assets to be sold piecemeal
Viatel	May 2001	6,500 mile fibre optic network	Assets to be sold piecemeal
360 Networks	October 2001	22,000 mile broadband network	Company exploring restructuring options