Unless someone buys the equipment and agrees to theke the IRU:s on - they are worthless.
You can make fiber IRUs stick even if the company who bought the fiber goes belly up.
Yes, but this is the other way around. If the company you bought the IRU from goes belly up, there is no guarantee you can keep them running. That is up to the agreement between the seller (the administrator) and the buyer (of the bancupcy assets).
IRUs ("Indefeasible Rights of Use" seems to be the acronym?) as far as I know, is just that, you actually own the fibers you IRUed for the time being.
Well, it's actually more like a land lease contract. You don' own them, you have the right to use it as you see fit for the agreed time period though. Best regards, - kurtis -