AT&T turns up Internet heat

Article Abstract:

AT&T's intention to buy Tele-Communications Inc. (TCI) has heightened competition in the market for Internet access, according to local phone companies. AT&T noted that its acquisition of TCI would raise the speed of deployment of cable modems by a minimum of 20%. Local phone executives, on the other hand, countered they are ready to face the challenge that the combination may present, saying their DSL technology is more advantageous than the cable modems. TCI and other cable TV operators started offering consumers cable modem service more than 18 months ago while local companies only started to compete in the Internet access market in 1998 with the introduction of their high-speed DSL modems.

Comment:

Intention to buy Tele-Communications Inc heightens competition in the market for Internet access

Asset sales & divestitures, Cable Television Systems, Cable Networks, AT&T Corp., Cable television broadcasting industry, Cable television, AT&T Broadband and Internet Services Inc.

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GTE, Bell Atlantic discuss joining forces

Article Abstract:

Bell Atlantic and GTE are discussing the possibility of a merger that will form a telecommunications company that will be worth $53 billion. A successful merger of the two companies will represent the first such transaction between a large local phone company and a long-distance firm. GTE and Bell Atlantic's merger will create a combined company that will control almost 60 million local telephone lines spanning Bell Atlantic's eastern market to GTE's rural and suburban markets in 29 states. The possible merger also faces many difficulties such as leadership and regulatory issues.

Comment:

Is discussing with Bell Atlantic the possibility of a merger that will form a telecommunications firm that will be worth $53 bil

Local Telephone Service, Bell Atlantic Corp., GTE Corp., Local telephone services

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Sprint introduces all-day 10-cent long-distance rate

Article Abstract:

Sprint will reduce its long-distance rate to 10 cents a minute any time of the day as part of its effort to compete with larger rivals and arrest declining long-distance margins. The company is also expected to announce a plan to expand its local phone business. The new flat rate will be promoted with the theme "A world where time doesn't matter." The fee will come with a $4.95 monthly fee, which can be waived for users who spend at least $30 per month.

Comment:

Will reduce its long-distance rate to 10 cents a minute any time of the day as part of its effort to compete with larger rivals

Marketing procedures, Sprint Corp.

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