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Re: Email change
<<On Mon, 21 Apr 2003 08:51:53 -0400, "Sid Schweiger" <sid@wrko.com> said:
> Comcast bought out all of AT&T's cable TV systems, meaning that they
> now cover most of Massachusetts and a good chunk of the entire
> region's cable services.
They are also likely to pick up some or all of the Charter systems in
the area as well, as part of the unwinding of a partnership between
the old AT&T Broadband and Vulcan Ventures. AT&T has a put option to
sell their stake in the partnership to Paul Allen (personally) for
$750 million -- much, much more than it's currently worth. Talk in
the financial press is that Comcast would be willing to settle in-kind
for cable systems which would expand their reach in a market they
already dominate.
-GAWollman