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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV -- Ignore unavailable to you. Want to Upgrade?

To: ed doell who wrote (1327)	4/7/1999 6:49:00 AM
From: Jim Mulis	Read Replies (1) \| Respond to of 13157

Ed, I wonder if Bill Samuels or David Reese speak Japanese? At Home brings cable,Internet service to Japan-WSJ NEW YORK, April 7 (Reuters) - At Home Corp. plans to announce a deal Wednesday to bring its high-speed cable Internet access service to Japan as part of aggressive attempts to expand its reach internationally, the Wall Street Journal said Wednesday. The company will create a separate subsidiary that will be partly owned by Japanese cable operator Jupiter Telecommunications and one of that company's owners, Sumitomo Corp., the newspaper reported. Jupiter Telecommunications is a joint venture between Sumitomo and Liberty Media Inc.(NYSE:LMGa - news). The At Home venture will have exclusive rights to sell the Internet service to five million homes in Japan. Each of the three firms will contribute tens of millions of dollars to the venture, John O'Farrell, the company's senior vice president in charge of international operations, told the Wall Street Journal. The three firms are also discussing with additional cable operators in the country about joining At Home Japan as equity shareholders and distributors, Farrell told the newspaper. At Home told the newspaper expansion into Japan was crucial as Japan's Internet use is growing through traditional telephone dial-up services, and the percentage of households with access to the Internet nearly doubled in the last 12 months to reach 11 percent at the end of March. The company's stock rose 7-1/16 to 162- Tuesday on Nasdaq.