Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: Educator who wrote (11463)	6/18/1999 6:15:00 PM
From: red_dog	Read Replies (3) \| Respond to of 29970

Statement by Milo Medin, Founder and Chief Technology Officer of Excite@Home, in Response to the City of Los Angeles Information Technology Agency Staff's Report Encouraging the Deployment of Multiple Broadband Networks June 18, 1999 05:44 PM REDWOOD CITY, Calif., June 18 /PRNewswire/ -- The following is a statement by Milo Medin, Founder and Chief Technology Officer of Excite@Home: Excite@Home ATHM applauds the Information Technology Agency staff's decision to encourage the deployment of broadband networks through a "hands off" approach. We share the staff's view that consumers will be best served by the deployment of multiple broadband networks as quickly and as widely as possible. (Photo: newscom.com ) As FCC Chairman Kennard, the City of Seattle, and a number of Silicon Valley companies have noted, true competition and consumer benefit will be maximized through a "hands off" approach that trusts markets to determine how the emerging broadband networks will be built and utilized. The Information Technology Agency staff has invested a great deal of time and energy to understand the issues and has come to the right decision. Their recommendations will encourage greater investment and competition among providers that will stimulate true consumer choice and deliver advanced broadband services that are fast, affordable, and open to all content providers on the Internet. SOURCE Excite@Home