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To: MikeM54321 who wrote (3426)	4/21/1999 12:57:00 PM
From: Kenneth E. Phillipps	Respond to of 12823

Press Briefing on ATT-Bell Antlantic Deal - ATT says "Strategically, you want to enter the market as soon as systems will allow," cbs.marketwatch.com Press Briefing Wednesday's Top Stories AT&T to offer local New York service Compiled by CBS MarketWatch Last Update: 4:15 AM ET Apr 21, 1999 NEW YORK (CBS.MW) -- AT&T Corp., moving to enter the local-telephone market, plans a residential service in New York by leasing Bell Atlantic Corp.'s phone network. The Wall Street Journal reported that the long-distance giant has been pushing for years to find its way into local phone markets across the U.S., one big reason it decided to buy cable operator Tele-Communications Inc. But TCI has no cable-TV lines in New York state. And negotiations with Time Warner Inc.(TWX: news, msgs) that would provide access to that company's 12 million cable customers are proceeding more slowly than AT&T had hoped. "Strategically, you want to enter the market as soon as systems will allow," George Burnett, a vice president for AT&T's consumer unit, the Journal. AT&T plans to offer the local services through Bell Atlantic (BEL: news, msgs) by the end of 1999. The Wall Street Journal

To: MikeM54321 who wrote (3426)	4/21/1999 1:27:00 PM
From: DenverTechie	Read Replies (2) \| Respond to of 12823

Mike, I believe you are right that AT&T is pressuring TW. Time Warner not only has access to millions of lines in New York, but TCI has very few. The inability to come to terms on the cable deal with TW does not surprise me, nor does this Bell Atlantic deal. It's the old squeeze play. I was surprised that the TW/AT&T had been announced as final awhile back. It didn't seem right, based on my experience. It happened too fast. Sure enough, it's still caught up in snags. What you have here are 2 companies that are each hell bent on control. However, the Street once again misinterprets what is going on. The Bell Atlantic announcement should have no effect on ANTEC. This is a strategy power ploy by AT&T against TW, and does not signal a change in general policy on the part of AT&T. But that's probably what the Street thinks, since they are now getting mixed messages.