XO Communications Said to Plan Bankruptcy Filing

NY Times: XO Communications, the telecommunications service provider, is expected to file for bankruptcy protection today and present a reorganization plan that will probably raise questions among its creditors, according to executives close to the company. (full story)
My spin: So what’s a small business to do…? They sign up with XO and or some other telecom carrier – offering advanced phone service, web hosting and more…to get away from the lethargic baby bells…but then XO goes out of business…but the baby bells, AT&T and others are still around!