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

To: Skip Jack who wrote (2530)	4/22/1999 5:55:00 PM
From: SBerglowe	Read Replies (2) \| Respond to of 13157

Why more customers? Is there a possibility that ACTV is missing the boat with set box top technology which is what this person thinks? Message 8812833

To: Skip Jack who wrote (2530)	4/22/1999 6:19:00 PM
From: Bruce Cullen	Read Replies (2) \| Respond to of 13157

I like this part... ------ With the acquisition of MediaOne, AT&T's owned and operated cable systems will pass approximately 26.5 million households, giving AT&T a significant presence in 18 of the top 20 markets. The addition of MediaOne's cable systems will expand AT&T's national coverage in key markets such as Boston, Atlanta, Richmond and Los Angeles. In addition, AT&T will hold minority interests in a number of cable systems, including those owned by Time Warner Entertainment. AT&T will not be the operator of these systems. The company said that following its acquisition of MediaOne, it looks forward to strengthening its existing relationship with Time Warner in a way that accelerates the ability of the companies to deliver cable telephony and data services. AT&T plans to combine MediaOne's Denver-based headquarters with AT&T's Denver-headquartered Broadband & Internet Services business unit. Both groups will report to Leo J. Hindery, Jr., president and chief executive officer of the company's Broadband & Internet Services unit. The company said Amos B. Hostetter participated in the development of AT&T's offer for MediaOne. Hostetter is former chairman and CEO of Continental Cablevision, and former CEO of U.S. West Media Group, the two predecessors of MediaOne. Upon completion of the transaction, Hostetter will become non-executive chairman of AT&T's Broadband & Internet Services unit, complementing the leadership of Hindery. Following completion, Hostetter also will join AT&T's Board of Directors. In addition, AT&T will invite a current MediaOne board member to join the AT&T board. -- The combination of our two companies is truly a powerful opportunity for both companies and our shareholders, as well as for employees, and will provide significant benefits to the American public. The merger will accelerate our ability to bring a wide array of broadband services to consumer and business customers across the nation. The AT&T and MediaOne networks are complementary, and together they will be digital, high speed and nationwide. With the addition of the MediaOne local broadband systems, we will offer customers superior connections for not only traditional video services, but also new competitive voice and data services. In particular, this will enhance our ability to deliver competitive local telephone services to millions of Americans. Beyond our network, AT&T offers MediaOne access to unparalleled technology and service capabilities to enhance its offers and increase its services to its communities. These technology and service attributes will provide MediaOne with long-term sustainable advantages. The combination will also allow us to join the management talents of our two companies. With our Broadband & Internet Services group headquartered in Denver, we will be able to combine readily and smoothly with MediaOne's Denver-based headquarters. We are quite confident