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Technology Stocks : MessageMedia Inc. (MESG)

MESG 18.65

-25.4%

May 25 5:00 PM EST

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To: FredB who wrote (10)	1/31/1999 9:55:00 PM
From: FredB	of 553

Britain's Barclays Bank to Offer Customers Free Internet Access. Knight-Ridder/Tribune Business News, Jan 25, 1999 pOKRB99025077 Author Halstead, Richard Full Text Knight Ridder/Tribune Business News Jan. 24 -- Barclays bank is to offer customers free Internet access. It will follow electrical goods chain Dixons and other High Street retailers who believe that providing the service encourages more customers to use online shopping. Barclays plans to launch an Internet stockbroking service in the spring and hopes to capture more of the UK's 12 million private investors by offering free Internet access as well. Barclays hopes to emulate the success of Freeserve, a free Internet service provider launched by Dixons last September. Dixons supplies customers with a free CD-ROM that installs Internet software on home computers. Access to the Net is free, though users still pay phone charges while online. In five months Freeserve has picked up 900,000 British subscribers. Dixons' share price has near-doubled on hopes of profits from the venture as more shoppers use its online shopping site. W. H. Smith, Tesco and Virgin are among other High Street names thinking about free access. Options for Barclays include giving away CD-ROMs containing the software at High Street branches, or offering them as an incentive to join one of the bank's investment clubs. Visit the Financial Mail on Sunday at financialmail.co.uk (c) 1999, Financial Mail on Sunday, London. Distributed by Knight Ridder/Tribune Business News. Full Text COPYRIGHT 1999 Knight-Ridder/Tribune Business News biz.yahoo.com

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