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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: MikeM54321 who wrote (6810)	6/26/2000 8:38:00 AM
From: MikeM54321	of 12823

Re: European MSO Mega Deals- T/LMG --> UCOMP --> TWSTY Thread- A big announcement about ATT indirectly holding interest in UnitedGlobalCom via it's Liberty Media holding. Which in turn, somehow spurred UnitedGlobalCom to take an interest in Telewest. Lot's of money exchanging hands. This post is linked my upstream post about United Pan-European going on a buying binge (in Europe). Wish I had more stats about number of subs all these MSO have. But seems like in Europe the SPs own both telephone subs and cable subs. Makes it kind of hard to figure out the dominate MSO players. -MikeM(From Florida) **************************** Liberty Media Group, a cable television programming unit of AT&T will become the largest shareholder of UnitedGlobalCom, a European telephone and cable television company, in a $3.3 billion deal that will give UnitedGlobalCom most of Liberty's international distribution and programming operations. As result of the deal UnitedGlobalCom's United Pan-Europe Communications unit agreed Monday to acquire a 25 percent holding in another European cable operator, Telewest Communications, for about $3.5 billion.

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