America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: RagnBull who wrote (9710)	5/1/1998 11:21:00 AM
From: Sam	Read Replies (1) of 13594

Another one.... CHICAGO, May 1 (Reuters) - Ameritech Corp. said Friday effective June 1 it will raise the price of unlimited access to the Internet via its Ameritech.net service, with the new monthly rate increased to $21.95 from $19.95. The annual price for unlimited access will rise to $213 -- equivalent to $17.75 a month -- from $189. The basic monthly rate of $8.95 for 10 hours of usage will remain unchanged, Ameritech said. Prices for Ameritech's unlimited access using ADSL (asymmetric digital subscriber line) or ISDN (integrated services digital network) technology remain unchanged at $49.95 a month. Ameritech joins other Internet Service Providers in raising rates or changing price programs. America Online Inc. (AOL - news), also raised its montly rate to $21.95 from $19.95 in February. ''We have to keep up with the marketplace, but really we've invested a great deal in our Internet network,'' said Ameritech spokesman Geoff Potter. Ameritech said it will increase its investment in its Internet access network by 66 percent over 1997, to upgrade its infrastructure in order to keep up with increased usage. Potter said the company does not disclose actual investment numbers. The number of Ameritech.net subscribers has doubled in the past six months, the company said, and average session length per customer has grown by 30 percent. In addition, Ameritech has invested in 24-hour-a-day customer service and technical support for its Internet access customers. The company said it increased its service center staff by about 50 percent over the past six months. Shares of Ameritech were up 5/16 at 42-7/8. S.

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