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Re: Rhinegold post# 117376

Monday, 04/11/2016 4:24:53 PM

Monday, April 11, 2016 4:24:53 PM

Post# of 118239

Why did they fold? What happens(ed) to all the RCCH Telecom customers?



Multiple choice answers:

1. They listened to geno and like everything geno touches, it goes to no value.

2. They were NSS to death, despite not being publicly traded.

3. They took on tremendous debt to build cell phone towers to service rural areas. They could not afford to upgrade the equipment with the rapid change in technology and the bigger boys came in and took over the territory. The receivables/customers transferred to the acquiror.
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