How did they lose so much money when they had 160,000 subscribers? Sounds to me like maybe the CEO's were getting too big of a paycheck. When will people learn to manage income properly and don't overpay CEO's?
simple, according to research, they lose tons of money when they sign you up, configure the DSLAM, and do the routing especially they have to share lines with local telcos. i've seen numbers that say you have to stay with them over 3 years in order for them to recover the cost. for cable, it's around year and a half. this would make the 160 thousand subscribers meanless. it's like the old amazon motto, "we make it up in volume" except that they lose money on every single sale. 😀