Brightspeed swaps CEOs as it reportedly nears bankruptcy

T2Covered by 1 source · first reported by Light Reading / Fierce Network / Telecoms.com / RCR Wireless / Mobile World Live at 02 Nov, 21:50 UTC

Shawn O'Donnell has succeeded Michel Combes as CEO of Brightspeed amid a report that the company is on the cusp of bankruptcy. Combes, who was acting CEO, will remain as chairman. New Street Research views Verizon as a logical buyer of Brightspeed.