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Siris-Backed TPx Files for Bankruptcy, Weighs $1 Billion Debt Reduction

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2026-06-29 16:21:13
Technology solutions provider U.S. TelePacific, also known as TPx Communications, filed for bankruptcy in Texas on Sunday after repeated debt restructurings as it struggled to stay liquid, according to Bloomberg.

The Siris-backed company is considering a debt reduction of about $1 billion.
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