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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (18510)	12/17/1999 3:16:00 AM
From: buckhead26	Respond to of 18691

FYI - Canadian Cable and Resell to ISPs from CNET Quote Snapshot Signed With two Independent Providers Including Net Communications Inc. Business Editors MONTREAL--(BUSINESS WIRE)--Dec. 16, 1999-- (TSE:VDO.) (ME:VDO.) Videotron ltee announced today it has set a precedent in cable high-speed Internet resale by signing agreements with two independent Internet service providers, in conformity with the terms established last September 14 by the Canadian Radio-Television and Telecommunications Commission (Telecom Decision CRTC 99-11). In its decision, the CRTC requires cable carriers to sell their Internet services to other Internet providers under specified terms and conditions. Cable carriers were to make these services available for resale within 90 days. As a matter of fact, Videotron signed its first agreement on December 15, 1999, only one day after this period expired. Today, Videotron concluded a similar agreement with Net Communications inc. "We are very pleased to announce the signing of these agreements with Internet providers only one day after the CRTC decision took effect. No one can say that we dragged our feet in this matter or that our rates are unfair. In fact, Videotron had been working on this issue for quite a while. We will definitely take advantage of this business opportunity," declared Guy R. Beauchamp, Executive Vice President of Videotron ltee. The signature of this agreement shows that the conditions provided to Internet access resellers allows them to offer their services at a competitive rate. "We are excited about this partnership with Videotron as we will now be able to offer high-speed Internet to our customers," declared Luc Beland, President of Net Communications inc. "We are thrilled and intend to pursue negotiations to achieve other similar agreements as early as possible," concluded Mr. Beauchamp. Videotron ltee, a subsidiary of Le Groupe Videotron ltee (ME/TSE: VDO), is the largest cable television company in Quebec in terms of number of subscribers. With a broadband network that reaches 2.3 million homes, the Company also offers value-added interactive television services, pay TV and pay-per-view, as well as high-speed Internet access.