To: LindyBill who wrote (3905 ) 1/28/1999 6:31:00 PM From: Sonki Respond to of 41369
if some one wants to start AOL news archives thread i will be glad contribute news everyday. America Online Inc (AOL) QWEST COMMUNICATIONS INTERNATIONAL INC said it signed a $13 mln multi-year contract with AMERICA ONLINE INC, to provide increased Internet communications services nationwide. Qwest, a telephone and Internet communications services provider, said in a statement the deal with AOL, the world's biggest Internet services company, will provide them high-speed IP (Internet Protocol) backbone connections, among other services, in key cities throughout the U.S. The agreement allows AOL to increase the number and size of its core communications pipelines, also referred to as bandwidth, to its more than 15 mln subscribers. (Reuters 08:17 AM ET 01/27/99) For the full text story, see full story America Online Inc (AOL) AMERICA ONLINE INC came out on top in Inverse Network Technology's latest statistics measuring network performance. AOL posted the top rated Web PageTime-to-Download (TTD) statistics and was the only provider of 28 tested to receive an A rating for the number of seconds it takes to download a web page. The Web Page Time-to-Download (TTD) metric is a new Inverse IMS BenchMark metric that measures the average number of seconds it takes to download a web page. The Inverse metric is the first testing method to take into consideration compression and caching factors. (Internetnews.com) America Online Inc (AOL) AMERICA ONLINE INC reported 2Q EPS of $0.17 vs $0.04 in prior year period, on revenues of $960 mln vs $592 mln. Analysts' mean estimates were $0.14, according to First Call. The company also declared a 2-for-1 stock split payable Feb. 22, record Feb. 8. (Reuters) America Online Inc (AOL) The day after AT HOME CORP said it would acquire EXCITE INC, AMERICA ONLINE INC sold more than 4.9 mln Excite shares for nearly half a billion dollars, according to AOL spokeswoman Tricia Primrose. That half-billion is almost pure profit, since AOL valued that investment, along with some other holdings, at a cost basis of $32 mln in an SEC filing last year. (CBSMarketWatch)