Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (5023)	2/2/1999 12:00:00 PM
From: Monty Andro	Read Replies (1) \| Respond to of 29970

MediaOne And Time Warner Cable .... Below is just part of the announcement and the full announcement can be found at: biz.yahoo.com Does someone care to comment on the above announcement. I'm long on ATHM and would like to understand if this announcement has a positive or negative impact on ATHM. MediaOne Gets Massachusetts, Georgia, New Hampshire Systems; Time Warner Cable Receives Ohio, California, Maine Properties DENVER and NEW YORK, Feb. 2 /PRNewswire/ -- MediaOne®, the Broadband services unit of MediaOne Group (NYSE: UMG - news), and Time Warner Cable, a division of Time Warner Entertainment and Time Warner Inc. (NYSE: TWX - news), have signed definitive agreements to trade cable systems in the Northeast, Southeast, Midwest and West, the companies said today. Time Warner Cable will receive systems from MediaOne with about 350,000 customers in Ohio, Maine and California. MediaOne will receive systems from Time Warner Cable with about 310,000 customers in Massachusetts, New Hampshire and Georgia, and an undisclosed amount of cash. MediaOne is Massachusetts' largest Broadband services provider with 800,000 customers. The company currently has about 550,000 customers in Atlanta. MediaOne will receive an additional 240,000 customers in Massachusetts and New Hampshire, and an additional 71,000 customers in Atlanta. Time Warner Cable is Ohio's largest cable provider, with more than 900,000 current customers. The trade will add nearly 270,000 customers to that total and also enhance the company's clusters in Southern California by nearly 70,000 and in Maine by almost 10,000.