Windstream in Chapter 11 Bankruptcy

SYRACUSE, N.Y. (WROC) – Windstream, a broadband provider with offices in downtown Syracuse, filed a chapter 11 bankruptcy on Monday.

In the context of the bankruptcy, the company says it wants to reorganize its activities to be able to go ahead.

Tony Thomas, CEO of Windstream, said:

"We have taken decisive action to ensure Windstream's long-term financial stability, and we are confident that once the reorganization process is completed, we will be in a better position to invest in our business, increase our speed and capabilities for our businesses. customers and be competitive for the long term. "

Windstream has offices in Syracuse and Manlius, as well as workers in Rochester and Fairport.

In parallel with the filing, the company filed a number of routine requests from the first day.

These requests will enable the Company to continue in the normal course of business without disrupting or disrupting its relationships with customers, suppliers, partners and employees.

The company stated that it expects to receive court approval for these claims and to pay the suppliers in full for all goods received and services provided to Windstream after the filing date.