SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MikeM54321 who wrote (6675)6/5/2000 8:47:00 PM
From: MikeM54321  Read Replies (3) of 12823
 
Re: AT&T Approved to Merge with MediaOne

"FCC chairman William Kennard said the agency had tried to strike a balance between speeding the development of cable telephone service and consolidation. Allowing AT&T and MediaOne to merge might not bring cable phones to market faster, but would likely allow the market to develop in a "more predictable" way he said.

Kennard also defended the choice not to force AT&T to open up its cable lines to other broadband Net service providers, an issue the agency has remained steadfast about for months.

"The most important thing this country needs now is more investment in broadband," Kennard said, echoing comments made after the agency approved AT&T's merger with cable firm Tele-Communications. "In order to foster that investment, we need to let this market develop."

news.cnet.com

Thread- Well it has finally happened. Should be good news for the infrastructure players in the MSO market. I find myself in the rare position with having to agree with the government. In this case Kennard of the FCC. Although I don't understand why he doesn't believe this permission to merge won't motivate AT&T to rapidly rollout cable telephony. IMO Armstrong would want to do everything it can to avoid paying the incumbent telcos the tens of billions it currently pays them annually to access the copper loop. -MikeM(From Florida)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News