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AOL faces threat from AT&T

ZDNet ZDNet.co.uk

Published: 27 Apr 1999 12:36 BST

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AT&T has made a $54 billion bid to buy cable-television company MediaOne in an attempt to promote cable delivery of internet services.

AT&T claims that would give a quarter of American homes access to superfast internet connections via AT&T's AtHome service. But the Wall Street Journal doubles that to half of all American homes when all the other cable company deals and subsidiaries are added into the equation.

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