Before there was the ugly Verizon Fairpoint kerfuffle, there was Hawaii Telcom, who, like Fairpoint, bit off more they could chew when the acquired DSL and landline networks Verizon didn't feel were worth upgrading. Like Fairpoint, when Verizon divested those networks in Hawaii, Hawaii Telcom struggled under the load and their executives repeatedly issued bubbly statements insisting that everything was fine. Unlike Fairpoint (for now), Hawaii Telcom filed for bankruptcy last December -- but according to the Honolulu Advertiser it now appears they have a buyer. Local telecommunications company Sandwich Isles Communications says it wants to purchase Hawaiian Telcom for $400 million and says they'll keep 1,400 workers at existing wages -- with the exception of high-level executives.