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Technology Stocks : Technovision TVS - Undervalued Internet Service Provider

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To: David Michaud who wrote (67)7/8/1999 11:30:00 AM
From: Glenn Petersen  Read Replies (1) of 108
 
Canadian ISPs win open access battle. This stock is incredibly undervalued. We need some news.

internetnews.com

Canadian ISPs Win Cable Access Battle July 8, 1999
By Maura Ginty
InternetNews.com Assistant Editor ISP News Archives
Canadian cable providers must now share high-speed networks with ISPs, according to a Canadian government decision.

The directive forced the cable companies to lease their networks, a move which many say will bring lower costs and faster service, according to published reports.

Cable companies said that million-dollar investments in infrastructure for technology would be useless if the network building did not provide any market edge, said IDG.

The Canadian Radio-television and Telecommunications Commission (CRTC) will also require that cable providers must submit access rates and cost information the the commission.

U.S.-based OpenNet coalition, which is leading the same argument against American cable operators, also welcomed the decision.

A similar battle is heating up in the American courts, with ISPs demanding access to cable networks. Last month, an Oregon court ruled that AT&T must open its $55 billion Tele-Communications Inc. (TCI) cable lines. Similar court arguments are expected to be heard in San Francisco, Calif., Florida, and Washington. The FCC is also involved in the wire wars.
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