Abstracts » Business, regional

AT&T, Time Warner team up

Article Abstract:

AT&T Corp. announced a joint venture with Time Warner Inc. The venture will use Time Warner's wires to offer local phone service to residential and small-business customers in Massachusetts and 32 other states. The deal, along with AT&T's pending $48 billion purchase of Tele-Communications Inc., will give the phone company potential access to 40 percent of all the households in the US. AT&T officials said that the percentage will increase to over 60 percent as more joint ventures are created. AT&T is trying to create partnerships with MediaOne, the biggest cable provider in Massachusetts, and Cablevision Systems Corp., which provides services to Boston, Brookline, and over 50 other communities in Massachusetts.

Massachusetts, Time Warner Inc., Cablevision Systems Corp., CVC, TWX, MediaOne

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20-year cable deal signed by AT&T, Time Warner

Article Abstract:

AT & T Corp. has signed a 20-year exclusive telephone contract with Time Warner. This deal, along with the telephone company's intention to purchase Tele-Communications Inc., gives AT&T the opportunity to provide local phone service to 40 percent of American households over cable lines. AT&T would like to create partnerships with more cable firms so it can provide local phone service through cable to a minimum of 60 percent of US homes. It has spoken to Philadelphia, PA-based Comcast Corp. about such a partnership.

Pennsylvania, Comcast Corp., CMCSA

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AT and T deals will need close look, FCC chief says

Article Abstract:

The Chairman of the FCC has stated that the proposed acquisition of MediaOne Group Inc. By AT and T Corp. would face intense scrutiny by the government agency. Watchdog organizations have become increasingly wary of the telecommunications giant's forays into the cable industry.

Government regulation (cont), Telephone Communications, Telephone services, Abstract, MediaOne Group Inc.

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