Time Warner, EarthLink cut Net deal

Article Abstract:

Time Warner has reached an agrement with EarLink which entails carrying the No 2 Internet service on its high-speed cable lines. The deal will help pave the way for regulators to approve Time Warner's $99 billion merger with America Online (AOL). It will also allow EarthLink to provide potentially lucrative interactive TV service over the cable wires. The agreement could also resolve the concern that Time Warner would carry AOL competitors on its cable lines only on unfavorable terms.

Cable Networks, All Other Information Services, Alliances, partnerships, Videotex & Teletext, Cable TV Networks, Time Warner Inc.

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AT and T weighs 4-way split to revitalize

Article Abstract:

AT and T Corp is planning a financial engineering program that is aimed at revitalizing the long distance company. A series of disappointing returns has sent shares plummeting almost 40% in 12 months. AT and T CEO C Michael Armstrong is considering everything from a tracking stock for the cable unit to a breakup into four companies, namely, consumer services, business services, broadband and wireless. Analysts believe that the four units could trade for as high as $54.

Financial management, AT&T Corp.

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Bell Atlantic's move into long-distance faces delay

Article Abstract:

Bell Atlantic Corp's entry into the long-distance market in New York faces delay up to six months if the Federal Communications Commission (FCC) agree with the Justice Department's observation. The Justice Department said Bell Atlantic does not give rivals sufficient access to its 'local loops,' the wires that connect call-routing switches to home and businesses. The firm has been expecting to be given approval by FCC by Dec 1999.

Services information, Bell Atlantic Corp.

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