High placed sources, speaking on condition of anonymity, have confirmed that Veracity has pulled out of the merger with Broadweave and that Sorenson Capital may have withdrawn financial backing as a result. The 60-day delay cited by Broadweave in the papers is rumored to be buying time to find new backers. The loss of Veracity combined with the iProvo NOC employees who have left means that video experience is almost non-existent and staff resources will be stretched dangerously thin. This may account for anonymous commenters who have reported issues reaching customer service over the last several days. When asked about these details, Provo City employees involved in the deal were unaware of the failure of the merger.
Nothing that I know of. If you know of something upcoming, drop me a line so I can get it posted.
The podcast is currently on hiatus.
Visit the Show Page on BlogTalkRadio!
Tag Cloud#utpol AT&T Brigham City Broadband Bytes broadband stimulus Broadweave Centerville CenturyLink Comcast competition DOCSIS 3.0 FCC FIOS FTTN google Google Fiber Hulu iProvo Layton Macquarie Mstar Netflix Nuvont Orem Perry Podcast Prime Time Communications Provo Qwest SAA service providers Sprint Time Warner Tremonton U-CAN UIA Utah Taxpayers Association UTOPIA Veracity Veracity Networks Verizon VoIP West Valley City WiMax XMission
This work is licensed under a Creative Commons Attribution Noncommercial Share Alike 3.0 United States License.