SunRocket Users May Lose Service and Payments

From The New York Times - Telephone service could be lost for more than 200,000 customers of SunRocket, an Internet telephone company that said on Tuesday that it had gone out of business, according to a person involved in its liquidation.

The customers also could lose money paid in advance to SunRocket, which offered unlimited telephone service for a year for an upfront payment of $199, said Martin D. Pichinson, co-founder of Sherwood Partners, which signed a contract on Tuesday to handle the distribution of assets to creditors.

Mr. Pichinson said the first priority would be to make sure customers were made whole, by moving their phone lines to other providers. But he said that negotiations with other providers had not yet borne fruit. | Read full article

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