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Technology Stocks : Harmonic Lightwaves (HLIT) -- Ignore unavailable to you. Want to Upgrade?

To: J Fieb who wrote (3148)	12/30/1999 10:27:00 AM
From: J Fieb	Respond to of 4134

Good for HLIT?? Fiber Optic Project Approved - (PITTSBURGH) -- A-T-and-T can now get to work wiring Pittsburgh with a network of fiber optic cables. The City Council approved the project as long as schools and community groups would be exempt from paying a franchise fee. The 440-Million-dollar project will improve phone service and allow internet access through Western Pennsylvania. ANother version........... PITTSBURGH, Dec 28 (Reuters) - AT&T Corp. said on Tuesday that Pittsburgh's City Council voted 6-1, with one abstention, to approve a new 10-year cable franchise agreement with its cable division. The non-exclusive agreementwhich entails an upgraded cable system, is the result of more than a year of negotiations, which included two public hearings. AT&T Cable Services is investing $40 million in the City of Pittsburgh, and $300 million in the region to deploy an upgraded fiber-optic based cable system. AT&T is offering local telephone service over the cable system in some communities outside of the City of Pittsburgh, and will begin introduction of the service in the City, in some areas by fourth quarter of 2000.