1. Most Discussed
  2. Gainers & Losers
PWT 0.0¢

Williams out of Chapter 11

  1. FallGuy

    2,070 posts.
    Williams Communications the largest shareholder in Powertel has been able to secure funding to enable it to exit Chapter 11 (Comms Day 30 July).

    With the Powertel performance steadily picking up and a quarterly announcement due and expected to show stronger growth, Powertel looks like a survivor and a beneficiary of the demise of Worldcom whose pricing was sacrificial.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top