If you have dreamed of seeing positive, good press for ATHM...
David N, this is for you and the equivalent of saying your line:
That will likely swell the rival cable modem company's subscriber ranks by hundreds of thousands of people, as well as give it a broad new swath of territory to mine for new customers.
That will likely swell the rival cable modem company's subscriber ranks by hundreds of thousands of people, as well as give it a broad new swath of territory to mine for new customers.
That will likely swell the rival cable modem company's subscriber ranks by hundreds of thousands of people, as well as give it a broad new swath of territory to mine for new customers.
yahoo.cnet.com
Partial excerpt of article
Potentially about 280,000 subs for our rolls. Will they be ours or will a deal be brokered? Kewl indeed. We got chips either way for our hand to play and this is good. This reminds me of an estate sale.
The sale of the Road Runner stake may be worse news for Road Runner than for AT&T, however--and may prove to be a substantial boost for Excite@Home.
"It's not fantastic news for Road Runner," said Jupiter Communications analyst Dylan Brooks. "They're losing a big chunk of their existing subscribers and of their potential subscribers."
Under the terms of the deal, AT&T can move much of what is valuable about MediaOne's interest in Road Runner--the customers and the technological assets--into Excite@Home's portfolio. That will likely swell the rival cable modem company's subscriber ranks by hundreds of thousands of people, as well as give it a broad new swath of territory to mine for new customers.
Together, Road Runner and Excite@Home serve about 75 percent of the country's cable modem subscribers. Road Runner is the smaller, with about 730,000 customers.
The consent decree was filed as part of a two-stage process in court today. The DOJ filed a lawsuit against the merger, saying that it would harm competition in the broadband market.
But along with that lawsuit, regulators filed the consent decree, signed both by AT&T and the DOJ. If the court approves the agreement, then the lawsuit against the merger will be resolved.
The merger also requires approval by the Federal Communications Commission, which said early this month it would act in "a matter of days." |