April 21, 1999 |
AT&T Corp., the nation's biggest long-distance phone company, said Tuesday that it expects to be able to offer video, data and local phone service to 40% to 50% of U.S. homes through cable TV and other lines "very shortly." AT&T Broadband & Internet Services Chief Leo Hindery said he is working on a model that would have interactive television devices in 80% to 85% of those homes within 36 to 48 months. Heavy deployment will begin in the fall of 2000, he said at the National Assn.
June 14, 2000 |
U.S. shares of Equant jumped 15% amid reports that France Telecom, Global Crossing Ltd. and others are in various stages of merger talks with the Amsterdam-based communications firm. Sources say the discussions are furthest along with France Telecom, which was exclusively negotiating with Equant until last week.
February 8, 1997 |
Leo J. Hindery Jr., general partner and chief executive of InterMedia Partners, was named president of Tele-Communications Inc., the nation's largest cable TV operator. John Malone, chairman, CEO and current president of TCI, said the chief executive of each TCI business unit would report to Hindery. Malone had been expected to bring in a respected cable executive in an effort to restore the profitability of the Englewood, Colo.-based company.
January 5, 1999 |
In a move that could reduce shareholder opposition to its upcoming cable acquisition, AT&T Corp. has dropped a plan to combine its residential long-distance and new cable businesses into a tracking stock that would trade separately from the parent company, according to analysts. The move comes as AT&T seeks shareholder approval of its $48-billion purchase of Tele-Communications Inc., the cable-TV giant.
April 24, 1998 |
The two largest U.S. cable TV companies, Tele-Communications Inc. and Time Warner Inc., reassured Congress that they'll offer the same quality digital pictures that many broadcast TV stations will begin airing later this year. "We want to make sure that we're passing through the same quality" picture that the broadcasters are initially airing, Joseph Collins, chief executive of Time Warner cable, told the House telecommunications subcommittee.
March 24, 2002 |
There are 25 televisions at Rockwell's American Restaurant, every one of them devoted to sports, but Derek Jeter's first home run of the spring was nowhere to be seen. Like 3 million other households and businesses in the New York metropolitan area, Rockwell's is a Cablevision customer. And Cablevision, so far, is refusing to carry YES, the Yankees' new cable network, and the 130 games it will show this season.
CALIFORNIA | LOCAL
October 2, 1986
Chronicle Publishing of San Francisco said Wednesday it has agreed to buy Storer Communications' cable television operations in Agoura and Ventura County. Chronicle, the parent of the San Francisco Chronicle newspaper, said it will purchase Miami-based Storer's cable operations in Agoura, Camarillo, Fillmore, Moorpark, Ojai, Santa Paula, Thousand Oaks and Westlake Village, affecting 56,000 subscribers.
February 8, 2012 |
The bidding on the Dodgers has moved into the second round, with 11 parties cleared to advance in the process. With various bid groups discussing mergers and/or trying to acquire additional financing, and with the investment bank handling the sale receptive to substantial offers even at this late date, the list below is subject to change. The lineup of Dodgers bidders, as of Wednesday: Magic Johnson/Stan Kasten: Could soon be joined by richest man in L.A., Dr. Patrick Soon-Shiong.
June 10, 1997 |
Cablevision Systems Corp. is increasing its presence in the New York area with the purchase of 10 cable systems from Tele-Communications Inc. The systems serve 820,000 customers in the nation's biggest media market. TCI, the country's largest cable operator, will be paid in Cablevision stock, giving it a 33% stake in the company. The deal will expand Cablevision's reach in the New York metropolitan region to more than 2.5 million subscribers from 1.7 million.
July 14, 1998 |
Tele-Communications Inc. Chairman John Malone conceded that the sharp drop in AT&T Corp.'s stock price could kill the telephone company's $44-billion acquisition of his cable television company. A published report Monday quoted Malone as saying he was worried that AT&T shareholders might reject the takeover because of the deal's complexity and a dilution in the value of their holdings. "It scares me to death to see their stock going down," Malone told Broadcasting & Cable, a trade publication.