December 5, 2001
Excite@Home wins temporary reprieve
Author: JT Smith
Kelly McNeill writes: "A handful of major cable companies came to the temporary rescue of beleaguered cable Internet provider Excite@Home with deals to extend the company's life by infusing hundreds of millions of dollars over the next several months. Subject to approval by Bankruptcy Court Judge Thomas E. Carlson, both Comcast Cable Communications, Inc. and Cox Communications said Tuesday that their separate three-month, US$160 million deals would ensure their customers' uninterrupted Internet service until their own networks could be built."
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