BUSINESSWEEK ONLINE : MAY 17, 1999 ISSUE
NEWS: ANALYSIS & COMMENTARY

The AT&T Deal for MediaOne


What AT&T Gets...
-- Ownership of cable systems with 5 million subscribers
-- Access to 18 of the top 20 cable markets
-- Co-control of Web-access service Road Runner
-- 25% of Time Warner Entertainment, including cable and studio assets
-- A deal with Comcast to sell its local-phone service over Comcast's systems

What Comcast Gets...
-- Cable systems with 750,000 subscribers
-- Options on systems with an additional 1.25 million subscribers
-- A preferential contract for reselling AT&T phone service on its systems

What's Still Under Negotiation
-- A deal that would allow Microsoft to invest $5 billion in AT&T for a stake in AT&T and a bigger role in supplying software for AT&T set-top boxes
-- A local-phone deal between AT&T and Time Warner
-- The fate of MediaOne's stake in Time Warner and Road Runner


_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _


AT&T: What Victory Means

TABLE: The AT&T Deal for MediaOne

PHOTO: C. Michael Armstrong

The Man Behind AT&T's Coup

TABLE: The Hostetter Saga

``AOL Has to Do Something Quickly''

TABLE: How AOL Plans to Fight Back



INTERACT
E-Mail to Business Week Online

 
Copyright 1999, Bloomberg L.P.
Terms of Use   Privacy Policy