Road Runner's Affiliates Exceed 100,000 Customers
August 4, 1998
STAMFORD, Conn.--(BUSINESS WIRE) via NewsEdge
Corporation --
New High-Speed Online Service from
Time Warner/MediaOne/Microsoft/Compaq and
Advance/Newhouse is largest in nation
Road Runner, the new high-speed online service jointly
owned by MediaOne Group, Time Warner, Microsoft
Corp., Compaq Corp., and Advance/Newhouse has more
than 100,000 customers in the United States - making it
the largest high-speed online service in the U.S. - the
company announced today. The service is available in 14
states served by Time Warner Cable and MediaOne
encompassing about 30 cities and counties.
MediaOne and Time Warner Cable finalized the merger of
their respective high-speed online services in June. Since
that time they have worked to combine their management
and products and start the process of relocating
company headquarters to Fairfax County Virginia. Their
cable affiliates have continued to aggressively expand
the reach of existing cable modem services that are
currently being marketed under the MediaOne Express
and Road Runner brands. MediaOne plans to rebrand its
service to Road Runner sometime in the future.
"We continue to see unabated growth of this service,"
said Carl Rossetti, interim CEO for the new company. "In
at least eleven markets our affiliates have reached six
percent penetration levels and three of these are over
nine percent, exceeding both our expectations and our
business plan," he noted.
The new company, through its' Time Warner Cable and
MediaOne affiliates, is currently marketing service to
about 5 million homes. The service will eventually be
able to reach more than 27 million cable homes
nationwide. The new Road Runner is the largest cable
modem service in the United States and the second
largest in North America.
Road Runner is a joint venture among affiliates of Time
Warner Inc., MediaOne Group, Inc., Microsoft Corp.,
Compaq Corp., and Advance/Newhouse. It combines the
resources and strategic talent of the five partners who
are world leaders in media, broadband communications,
computer software and hardware, and publishing. The
Road Runner character is a trademark and copyright of
Warner Bros., a division of Time Warner Entertainment
Company, L.P.
CONTACT: Sandy Colony | Road Runner Group | (203)
351-2024 | scolony@ct.rr.com
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