AT&T seeks broad marketing, technology alliance with AOL

Article Abstract:

AT&T is seeking to enter a marketing and technological alliance with America Online (AOL.) AT&T is interested in having AOL steer its telecommunications traffic to AT&T's network and advertising AT&T's products. AT&T is also considering buying AOL. AOL currently has an exclusive multi-year long-distance carrier marketing contract with Tel-Save Holdings Inc., with which AT&T is in negotiations. AT&T is also considering buying Tel-Save Holdings. AT&T is considering handing its WorldNet internet service to AOL as part of the package.

Comment:

AT&T seeks to carry AOL traffic on its network and advertise its products on AOL

United States, Specialized Telecom Services, Strategic alliances, Licensing/Sales Agreements, Internet services, AT&T Corp., America Online Inc.

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EU Panel clears MCI plan to sell Internet assets

Article Abstract:

MCI Communication Corp.'s plan to sell its Internet assets, as a step toward its proposed $37 billion merger with WorldCom Inc., was approved by the usually hardline European Union antitrust regulators in Brussels. But officials still will require that MCI and WorldCom meet a number of conditions, such as an assurance that both companies will not recruit customers that they are to relinquish, the sale of MCI's corporate and consumer accounts and MCI's divestiture of its Intranet corporate networking business.

Comment:

European Union approves MCI's $37 billion merger with WorldCom

Asset sales & divestitures, Acquisitions & mergers, European Union, MCI Inc., MCI Communications Corp.

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