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Technology Stocks : AUTOHOME, Inc
ATHM 25.02+2.8%1:00 PM EST

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To: Jay Lowe who wrote (5472)2/17/1999 2:26:00 PM
From: Jay Lowe  Read Replies (1) of 29970
 
Seattle and county cave to T/TCI
High-speed Internet deals reached with AT&T to avoid delays
by Kery Murakami and J. Martin McOmber
Seattle Times staff reporters

For both the Seattle City Council and the Metropolitan King County Council, months of wrangling over TV cable service and high-speed access to the Internet boiled down to this: how to prevent a telecommunications giant from controlling the next valuable information technology, without denying that technology to thousands of local customers.

In the end, the two governments yesterday struck similar deals with AT&T over Internet access in the city and in unincorporated parts of the county.

Both city and county officials said the agreements will allow customers to shop around for high-speed Internet access.

AT&T agreed to allow its competitors faster and trouble-free connections to its cable lines, which are 50 to 100 times faster than traditional phone lines.

Full text at seattletimes.com

- AT&T guarantees access to other ISPs
- TCI gets to DELAY THE INSTALL FOR ANOTHER YEAR
- Meanwhile, TCI has to pay subs $5/mo off their bill
- Plus (whoopie!) one free pay-per-view each month
- Plus a coupon

Sluts.
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