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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: RTev who wrote (7051)6/7/1999 3:15:00 PM
From: RTev  Respond to of 28311
 
Although the story doesn't mention GNET, this is a nice summary of Paul Allen's cable strategy:

Allen plugs in a cable dream
oregonlive.com

Highlights:
In less than 18 months, the owner of the Portland Trail Blazers and co-founder of Microsoft Corp. has struck enough deals to assemble the nation's fourth-largest cable company, with 5.5 million customers coast to coast.
...
Allen isn't trying to play catch-up to AT&T, said Savoy, who said his boss started pushing him to invest in cable in 1990. In fact, he said, Charter's vision is different from AT&T's in part because it is more focused.

"When push comes to shove, AT&T is a phone company and is pretty focused on the phone business," Savoy said. ...
...
[Charter] also is talking to other top operators about swapping cable systems, each in the hopes of building regional strongholds. ...

"Clearly our goal is to have Charter be at the forefront of bringing technology to consumers and demonstrating that it can be done in a way that can be profitable," Savoy said.