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To: MikeM54321 who wrote (5257)	9/17/1999 10:05:00 AM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 12823

Mike - Thanks for that post on the Netherlands. A big difference between Holland and the US, as you know, the Netherlands is one of the most densely populated countries in the world. The cost of installing the infrastructure, on a per customer basis, would be less. I have been reading some articles suggesting the US is falling behind the rest of the world in fast access. This may be one of the reasons.

To: MikeM54321 who wrote (5257)	10/25/1999 2:37:00 PM
From: MikeM54321	Read Replies (2) \| Respond to of 12823

Re: MSO's in Europe -- Microsoft / Telewest Communications Thread, Here's yet another billion dollar MSO investment by Bill Gates. This time it's $3 billion for a 30% stake in Telewest. I did the math and it means he's spending about $1,608 per subscriber. I don't get it? The figure is quite low. Either I did the math wrong, or I guess Telewest's coaxial plant has a lot of HFC upgrades still to come. MikeM(From Florida) ______________________________ Microsoft Takes $3 billion Stake In Telewest SEATTLE -- Software giant Microsoft will pay nearly $3 billion in stock for a 29.7 percent stake in British cable operator Telewest Communications under terms of the deal disclosed in a federal filing this week. The purchase, which still requires regulatory approval, would be Microsoft's second-biggestinvestment after its related $5 billion investment in U.S. cable and phone giant AT&T. Microsoft agreed to buy the shares in Telewest owned by cable operator MediaOne Group in May as part of a complex three-way deal under which AT&T would acquire MediaOne for $58 billion in cash and stock. Both the AT&T acquisition and the Microsoft investment still require federal approval, which could be a year away. The Microsoft investment in Telewest also requires the approval of the British company's shareholders. Microsoft already has closed its $5 billion cash investment in AT&T.