America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: cody andre who wrote (2887)	4/17/1997 5:14:00 PM
From: Todd Daniels	of 13594

This says: 1) Expansion to relieve overload is costing more than originally announced 2) Acquisition of CSRV, NOT 04/17/97 BBN Gets Further $200 Million Network Order From America Online Cambridge, Massachusetts, April 17 (Bloomberg) -- BBN Corp. said it received an additional $200 million in business from America Online Inc. for work on AOL's new high-speed network. The new order brings BBN's total contract for work on AOLnet to more than $700 million over four years. Cambridge, Massachusetts-based BBN, which builds networks that link computers over phone lines, is developing and operating a large part of AOLnet. AOL unveiled a $19.95 unlimited monthly usage fee in December, leading to a flood of new subscribers that slowed its network. Angry customers who were unable to access their e-mail, forcing AOL to spend $350 million through June to beef up its network. The new order is the third expansion of a March 1995 contract between the two companies, and follows an order in January for a furt

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