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

To: Jay Lowe who wrote (17546)	12/6/1999 12:12:00 PM
From: JayPC	Respond to of 29970

EXCITE@HOME STATEMENT IN RESPONSE TO AT&T/MINDSPRING LETTER TO THE FCC CHAIRMAN REDWOOD CITY, Calif., Dec 6, 1999 /PRNewswire via COMTEX/ -- Excite@Home (Nasdaq: ATHM) today issued the following statement: The letter sent today from AT&T and Mindspring to FCC Chairman William Kennard underscores Excite@Home's long-held view that the competitive marketplace, not government intervention, is the best way to provide consumers with a wide variety of choices for high-speed Internet services. Further, in a marketplace that is highly competitive and spurring investments, the terms by which cable companies provide their facilities to other businesses should be resolved in private business negotiations, not through government regulation. (Photo: newscom.com ) While we fully expect to have a long and mutually beneficial relationship with all our cable partners even after our exclusivity expires, AT&T has indicated for some time that it would enter into additional arrangements at that time. We look forward to developing new business relationships ourselves in the post exclusive period with both existing and new partners that will expand our markets further. We will be working with our cable partners to establish terms of carriage for the post-exclusive period and to support the millions of subscribers we will share at that time. We also expect to provide a substantial piece of the "Internet transport services," described in today's letter, that AT&T will eventually offer to other ISPs. Further, we anticipate expanding our broadband services to other high speed data platforms. We have established a collection of assets including our world-class network, our experienced management team, and a rapidly growing customer base that position us strongly as broadband services become a bigger and bigger part of the Internet market. NOTE: Excite@Home, @Home, and the "@" logo are trademarks of the At Home Corporation and may be registered in certain jurisdictions. All other brands and products are trademarks of their respective companies. SOURCE Excite@Home (C) 1999 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Matt Wolfrom, 650-556-5195, or mwolfrom@excitehome.net, or Melissa Walia, 650-556-2213, or melissa@excitehome.net, both of Excite@Home /Photo: NewsCom: newscom.com AP Archive: photoarchive.ap.org PRN Photo Desk, 888-776-6555 or 201-369-3467