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QuadV closes down (0 Comments)

Posted by ReDeYe on 01/04/2007 09:23:43 GMT

Unfortunately, due to a huge bill for bandwidth, QuadV has begun the process of closing down the company after just 2 weeks in existence.

We are very sad to announce this news and despite over 3,000 people tuning in to our streams this week, it has had a negative effect in that the costs for our bandwidth have gone through the roof. We did not expect to be as succesful as this in our first two weeks and therefore did not plan on having to pay out £5,500 in bandwidth costs this early.

With immediate effect, all programs are cancelled until we can find a way of paying our bandwidth bills and all staff are suspended until further notice.

We thank you for your support in setting the company up and for tuning in, but regret that we are forced into this position by our costs.

© 2009 by QuadV