Shares of Excite@Home Network will begin trading on June 16, 1999 on a post-split basis. As previously announced on March 2, 1999, under the split shareholders will receive two shares for each share of stock owned on the record date of May 28, 1999. Once the split is completed, Excite@Home will have approximately 375 million shares outstanding.
About Excite@Home
Excite@Home is a global media company based in Redwood City, Calif. Through the company's narrowband portal, Excite (www.excite.com), and broadband services, @Home and @Work, the company uniquely offers consumers content and interactive services across both narrowband and broadband, and advertisers highly targeted marketing solutions across all platforms of delivery. Leveraging the high-speed, always-on attributes of cable, Excite@Home empowers unique multimedia applications that go beyond current Web experiences.
With the addition of Australia, Excite@Home now has broadband distribution partnerships in five countries. Excite@Home is the largest high speed Internet service provider in North America (United States and Canada). @Home Nederland, based in Amsterdam, launched its Dutch service in May. In April, Excite@Home also announced plans to form @Home Japan with Jupiter Telecommunications and Sumitomo Corporation.
NOTE: Excite@Home, Excite, the @ball logo, and @Home are trademarks of At Home Corporation and may be registered in certain jurisdictions. All other brand and product names are trademarks of their respective owners.
SOURCE Excite@Home Network |
