(Info from High Speed Access) Vulcan Ventures, Incorporated, an affiliate of Microsoft co-founder Paul Allen, beneficially owns 54.2% of our common stock before the offering. Vulcan also owns Charter Communications, Inc., the seventh largest cable system operator in the United States. Charter has agreed to provide us with exclusive access to at least 750,000 homes passed, and Vulcan has an equity incentive to cause Charter to provide us up to an additional 5 million homes passed.
Vulcan has substantial investments in media, Internet and new media companies, including USA Networks, ZDTV, Beyond.com, N2K, Inc., Wink Communications, Value America, Inc. and Priceline.com.
Kentucky investment group Broadband Solution owns 37% of High Speed Access.
COMPETITION AT&T, Sprint, MCI Worldcom, @Home, RoadRunner, Online System Services, the ISP Channel, and etc..
IPO date: June 7-8 Symbol: HSAC(Nasdaq) hsacorp.net Price: $11/$13 Shares offered(mil) 13
UNDERWRITERS ***LEHMAN BROTHERS*** JP MORGAN & Co BANC OF AMERICA SECURITIES LLC CIBC WORLD MARKETS CORP
CEO: Ron Pitcock Sr. CFO: Goerge E.Willett |