Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Magazine

Table: Fighting over the Scraps


Excite@Home's bankruptcy has everyone scrambling to salvage something:

AT&T

It's offering to buy Excite@Home's network for $307 million. It wants to use the network to provide broadband Net access to its 1.4 million customers and, for a fee, those of the other cable companies.

BONDHOLDERS

Now in control of the bankrupt company, they think $307 million is too low. They say they'll shut the network down on Nov. 30 if AT&T doesn't increase its offer.

COX AND COMCAST

They just want out of the mess. Both cable players are building their own Internet networks, which won't be ready if bondholders shut down Excite@Home on Nov. 30.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus