Digex is pondering its options, including putting the entire company up for sale.
Digex, the managed hosting arm of troubled WorldCom, sought to reinvent itself in July with a new business-continuity and disaster-recovery services strategy targeting enterprise customers.
At the time, Digex executives said WorldCom's bankruptcy filing and continued problems would not impact the services it provides to customers.
In June, Digex cut 86 positions, or 7 percent of its workforce, as WorldCom began cutting 17,000 jobs.
Last week, WorldCom said its earnings restatement might reach as high as $9 billion. The carrier already boosted the initial $3.85 billion in hidden capital expenditures uncovered in June by another $3.3 billion in improperly reported earnings for 1999, 2000, 2001 and first-quarter 2002.
Digex is expected to release its third-quarter earnings Tuesday.
|
Five Companies That Dropped The Ball This Week For the week ending Feb. 10, CRN looks at five companies that were either asleep at the wheel or just didn't make good decisions. |
|
Five Companies That Came To Win This Week For the week ending Feb. 10, CRN looks at five companies that brought their 'A' game and made moves to beat out competitors |
|
10 Challenges That HP Wants Partners To Tackle Right Now CRN speaks with HP's business unit chiefs to get a sense of where they'd like partners to focus in the coming year, as well as how CEO Meg Whitman is making a difference. |
 More
Slide Shows |
- Digex Looks To Reinvent Itself For Enterprise
- Cognizant Sales Soar, Exec Promotions Follow
- VAR500 Company EPAM Systems: IPO Update
- The Daily App: KyWiki for iPad
- The Daily App: Scan To PDF Free For Android
- Apptix Revamps Its Tecos Platform, Reaches Out To VARs
- Digex Looks To Reinvent Itself For Enterprise
