Rural internet service provider Xplore Inc. says it is insolvent and has been granted creditor protection while it aims to shore up its business by selling assets or restructuring.
Rural internet service provider Xplore granted creditor protection
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The Globe and Mail - BusinessBy Irene Galea
EXECUTIVE SUMMARY
Telecom company facing ‘looming liquidity crisis,’ as per legal filings
Key Takeaways
- Rural internet service provider Xplore granted creditor protection.
- Telecom company facing ‘looming liquidity crisis,’ as per legal filings Rural internet service provider Xplore Inc.
- says it is insolvent and has been granted creditor protection while it aims to shore up its business by selling assets or restructuring.
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Published originally on The Globe and Mail - Business
