InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 94.76

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To: Mary Baker who wrote (9027)	7/1/1999 1:13:00 PM
From: GraceZ	of 28311

Mary- now Paul Allen owns something that AT&T owns This is all coming about because of all the wheeling and dealing AT&T did to get the deal done with MediaOne. If you recall they were in a bidding war with Comcast. There was all kinds of talk of Comcast getting AOL or MSFT or PA to help them up the ante for their bid for MediaOne. AT&T made a lot of deals and unruffled a lot of feathers. They agreed to swap assets and sell assets with Comcast and Charter so that these guys could consolidate their operations. I know here in Baltimore we have TCI (AT&T) in the city of Baltimore, but it is completely surrounded by Comcast, creating orphaned systems. The city will go to Comcast and TCI will get some of Comcasts properties. AT&T is trying very hard to head off any kind of regulatory action, local or federal. If there is a strong viable competitor that they can point to (Charter & HSAC, RoadRunner), then they can justify their claims that they don't have a monopoly on cable internet. Having their properties in contingence is important to rolling out the needed upgrades and the necessary fiber optical backbone.

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