CallNet, the ISP which was one of the first to offer unmetered
flat-rate internet access, has held emergency talks with telecoms
company Cable & Wireless which has resulted in a deal to save
the troubled company.
Cable & Wireless shut down the CallNet service on Wednesday
after the ISP failed to pay its debts. The company had announced
the termination of its unmetered service several days ago, saying
on its site that all user accounts would be closed. Reports
yesterday suggested that the company has failed to pay other
creditors, including its former public relations company.
A Cable & Wireless spokesman today said, “We have
reconnected CallNet. Having held further discussions we’ve come to
a commercial agreement.”