@Home announces that it will stay on for three months and then shut down in Februrary 2002, after getting a $355 million cash infusion from its cable system partners (except AT&T). My local cable company, Insight Communications, says it paid out $10 million out of the $355 total, since it’s only got 75,000 customers using @Home. Insight says its looking for a broadband provider to take over in February.
Meanwhile, my girlfriend’s parents who live in Denver told us last night that their cable modem service has been out since the weekend, since their cable provider is AT&T. AT&T promises to have them back on line by next Wednesday. It’s a good thing these companies don’t provide electricity and natural gas!
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