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To: Anthony Tsai who wrote (16661)7/14/1999 6:31:00 PM
From: Skiawal  Read Replies (2) | Respond to of 21342
 
Heard on the Radio (Bloomberg) that Bell Atlantic starts offering Infospeed (ADSL) tomorrow in NYC....

ads.bloomberg.com@Position2...

Bell Atlantic to Offer High-Speed Internet in NYC (Update2) (Updates with closing share activity.)

New York, July 14 (Bloomberg) -- Bell Atlantic Corp., the No. 1 U.S. local phone company, plans to begin offering high- speed Internet services to New York City customers tomorrow, seeking to get a jump on its cable-television competitors.

The service, called digital subscriber line, or DSL, can carry information more than 100 times faster than traditional dial-up modems and also lets users make and receive phone calls while simultaneously surfing the Internet.

Bell Atlantic and other local phone companies are pushing to roll out the new services to customers before competitors such as Time Warner Inc. make them available through cable-television wires. In New York, for example, Time Warner is set to team up with AT&T Corp., the largest U.S. phone company, to offer phone and high-speed data services.

Bell Atlantic said the new high-speed services will be available starting tomorrow in parts of Manhattan and will be extended to other boroughs as well as Long Island. The company already offers DSL services in parts of northern New Jersey.

The cost of the service ranges from $49.95 for the slowest speed to $189.95 a month for the fastest, the company said.

The New York-based company's shares rose 1 1/2 to 63 3/4.
NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min.