Microsoft seems near deal to invest in U S West Cable TV
Article Abstract:
Microsoft is close to investing as much as $1 billion in U S West's cable TV operations, according to several insiders. The agreement would allow Microsoft to buy up to 6.3% in U S West's cable business based on current stock prices. Microsoft also would extend its plan of converting US cable systems into the the primary providers of Internet high-speed access, while aiming to control the TV set-top box software necessary to get on-line. The software giant acquired an 11.5% stake in cable company Comcast for a $1 billion investment in June 1997. Similar discussions between Microsoft and cable company Tele-Communications apparently have stalled, according to executives familiar with the situation. Microsoft's direct investments in cable companies not only provide financing but also raise cable industry confidence in the long-term dividends of Internet technology. Both Microsoft and U S West hope to conclude negotiations by Dec 1997.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
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Qwest to develop Windows NT with Microsoft
Article Abstract:
Fiber optic network builder Qwest Communications of Denver is getting a $200 million investment from Microsoft in an agreement to work together providing an Internet service to businesses. Using Windows NT, the two will market a service online for companies conducting electronic commerce, creating Web pages and networking e-mail applications. Analysts seem to think a lot depends on the sales capabilities of Qwest and how fast it can "deploy the technology." Microsoft is planning to use the technology for only its largest clients.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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AT and T's planned Mediaone deal poses test for U.S. cable policy
Article Abstract:
AT and T's proposed acquisition of MediaOne has consumer groups concerned over a possible monopoly of high-speed Internet service and the cable television industry. The government is currently weighing this possible violation of federal antitrust laws against the benefits which would include high-speed services that will allow competition with the regional Bell telephone companies.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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