It was the eighth of September, and there was a great broadwing migration.
Another operator, Williams Communications, could emerge similarly refreshed from bankruptcy next month.These new, low-cost producers will heap still more pressure on the remaining debt-laden wholesalers, notably Qwest, Level 3 Communications, Sprint and Broadwing, which are still trying to avoid going bust in the hope that demand might miraculously revive.
The expansion to San Francisco comes after Gee Jeffery opened an office last year in Cincinnati to serve the account of the Cincinnati Bell division of Broadwing.
Cincinnati Bell Inc., the local telephone company formerly known as Broadwing Inc., said its chief executive, Kevin Mooney, would leave after less than a year in the post.
Eager for similar successes, Wall Street financed the construction of at least four new national long-distance networks by at least four new companies: Qwest, Level 3, IXC (now part of Broadwing) and 360networks.
Broadwing Inc., the fast-growing communications carrier that evolved from the old Cincinnati Bell, intends to announce quarterly financial results today that will modestly exceed analysts' expectations.
"I think the real reason PSINet is still independent is Bill Schrader," said Richard G. Ellenberger, chief executive of Broadwing Inc., the former Cincinnati Bell.
Far more likely to be suitors are the new breed of communications carrier in the United States, companies like Level 3, Qwest, Broadwing and Nextlink.
But in a letter dated Aug. 7, Salomon detailed Mr. Grubman's participation in meetings of directors of five other companies, including Qwest Communications International, Global Crossing and Broadwing.
