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To: Bill Harmond who wrote (11580)7/1/1998 1:45:00 PM
From: Sonny Blue  Respond to of 27307
 
Re: AOL vs. ATHM

By Frank Barnako, CBS MarketWatch
Last Update: 11:09 AM July 01, 1998

High speed Internet access service At Home Corp. (ATHM) will offer service through Jones Communications' Alexandria, Va., system serving 42,000 cable customers. America Online Inc. (AOL) headquarters is located a few miles away, in Dulles, Va. The deal with Jones was one of several new affiliation agreements announced by At Home, including others in New Jersey and Canada. Jones has been offering high speed Net access for some time, but has signed up only 1,200 customers. At Home said its service will be available by the end of the year.

At Home chief executive Thomas Jermoluk scoffed at AOL chairman Steve Case's statement last week indicating an interest in delivering high speed online service by buying broadband capability from At Home's soon-to-be controlling shareholder, AT&T. Case's comments "do nothing but anger cable operators such as ourselves," the At Home executive told the Washington Post. "If he expects us to put in all this plant ... and provide broadband high speed access to him without him sharing any of his revenue with us, he's nuts," Jermoluk said. "Nobody wants to be a dumb pipe in this equation."