|
Re: RCN Chicago Listing
Chicago seems to have leaned on RCN Corp., reaching a settlement that gives the city $3.45 million and access to 10 dedicated underground fiber-optic strands.
The settlement also cancels agreements that required RCN to develop a cable network in different areas of the city. RCN now only has to serve homes and businesses already connected to its network.
While RCN seems to be have gotten the short end of the deal, settling the lawsuits between the city and Chicago's RCN Cable TV removes a hurdle ahead of the confirmation of RCN's reorganization plan, which was filed in October.
|