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To: Jorj X Mckie who wrote (2417)	7/9/2001 11:42:36 PM
From: John Pitera	Read Replies (1) \| Respond to of 2850

CHTR has really focused on the St Louis and surrounding cities. thanks for posting Charter received cable systems from AT&T serving some 563,000 customers in the St. Louis area; areas of Auburn, Birmingham, Montgomery and Selma, Ala.; and the Reno area of Nevada and California. AT&T Broadband received $1.77 billion composed of Charter cable systems serving 9,000 customers in Sebastian, Fla., valued at $24 million, and $1.75 billion in cash. Charter systems in the Miami Beach, Fla., area, originally included in the transaction, will remain with Charter. ``With these transactions, Charter gains significant operational and technical efficiencies in the St. Louis metropolitan area, a top 20 ranked U.S. cable market, and in Alabama as well,'' said Jerry Kent, president and chief executive officer of Charter. ``With the addition of the Reno, Nev., area, we'll continue to expand our footprint in the Western United States and extend our Wired World(TM) vision to more consumers.'' ``These transactions are important steps in our strategic plan to create large clusters of customers in major metropolitan markets,'' said Dan Somers, president and chief executive officer of AT&T Broadband. ``And they help us to remove more debt from our balance sheet.''