I put that up because of the alliance that TKO and ELNK formed 2, maybe 3 years ago, to do 'something' together....At the time it was announced by TKO, I stated more than once, that I thought ELNK was making a bad decision to lay more lines, blah blah, in hopes of competing on the PLC market in NYC---BECAUSE of their shaky financial situation--and too, I felt that whatever it was doing with TKO would PROBABLY not get off the ground....pun intended...hahahahaha
After I read the article, it occurred to me that PERHAPS, the ELNK litmus test MIGHT have been more in line with the MST side of TKO...but I do remember RP, himself, speaking in a CC about ELNK. There has never been a formal statement, like there was with Vonage, that the 'plan' with ELNK was not going to continue going forward...the ELNK 'story' just faded into the ethers...as I perceive and understand. This article, for me, was more a confirmation that the door has been closed, and perhaps now locked, as it is being pointed out that ELNK is not in a very good financial position to focus on the 'what-ifs'. They are in retrenchment BIG TIME, and will need to focus on the 'sure thing', and 'what they know best' to pull themselves out of this mess. Whatever happens, the article made it pretty clear that they would not be able to use their OWN money. IF TKO were continuing a project with them, TKO would have to invest money, on behalf of ELNK, in order for it to move forward. That is just my opinion, of course. But I don;t see that TKO has the available funds to provide ELNK with monetary resources....and ELNK may not be able to secure funding as easily, either.
ELNK was operating on a thin thread, financially, when they began the project in NYC to lay wire--and I still can see the picture in my mind that the NYTimes published, when the all out effort was started as a last ditch effort to compete...but whether it is with MDU's, or with WIFI, or with PLC, or BPL...if the projcet has not yet solidified, if may not be finished.
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