To: Mazman who wrote (3481 ) 11/19/1998 8:12:00 PM From: Anthony Wong Respond to of 11568
Dow Jones: MCI WorldCom Up-3: Internet Move Seen As Local Opportunity [a continuation of the article in the previous post] Although there is nothing exclusive or new about digital subscriber line service, MCI WorldCom's decision to offer it expands the company's opportunities in the local telecommunications market and provides it an opportunity to extend its formidable Internet assets to smaller customers, said Robinson-Humphrey Co. analyst Jeff Sadler. The DSL service will be available to customers from their Internet service providers for $40 to $60 a month. Service for larger businesses with many computers hooked to an in-house network will cost about $500 a month. The announcement was made Wednesday at the Comdex computer-industry trade show. At the show, Vice Chairman John Sidgmore discussed the new service and his remarks served to remind investors of WorldCom's position in the Internet market, analysts said. "You have to remember who's the biggest player, who's making the money," said Sadler. But DSL service isn't unique to MCI WorldCom. "It's a totally me-too product," said Dresdner Kleinwort Benson analyst Bruce Roberts. He noted that Sprint Corp. (FON) is on the verge of rolling out a broad-based new service called Integrated On-Demand Network, Or Ion, that also will offer high-speed data service along with other features. AT&T Corp. (T) is looking to crack the critical local phone and data market in part through its planned $31.8 billion acquisition of Tele-Communications Inc. (TCOMA, TCOMB), which will allow it to offer consumers combined local, long-distance, Internet and cable service over cable lines and cable modems. - Shawn Young; 201-938-5248 shawn.young@cor.dowjones.com (END) DOW JONES NEWS 11-19-98 05:14 PM