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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: BWAC who wrote (4942)3/21/2002 8:53:54 AM
From: JakeStraw  Read Replies (1) of 5499
 
DirecTV Broadband, WorldCom In High-Speed Web Service Pact
biz.yahoo.com
CUPERTINO, Calif. -(Dow Jones)- WorldCom (WCOM) agreed to provide DirecTV Broadband, a unit of Hughes Electronics Corp. (GMH), with access to its nationwide direct subscriber line services to expand DirecTV DSL service in the Western and mid-Western U.S.

In a press release Thursday, DirecTV said the agreement will greatly extend its broadband reach, giving it one of the most comprehensive footprints in the DSL industry.

DirecTV also said the alliance with WorldCom will give it the ability to choose last-mile connectivity in many communities from a Competitive Local Exchange Carrier like WorldCom or the local telephone company, which encourages more choice and competition....
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