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Excite@Home Dropped

by Maarten Goldstein, Aug 31, 2001 7:15am PDT

According to this story on CNET, cable providers Comcast and Cox Communications have decided to drop Excite@Home. This is not an immediate ending of their deal and Excite hopes to reach a new agreement before the partnership ends on June 4 2002. It's uncertain what happens to the Cox and Comcast Excite@Home Internet customers if no new agreement is reached. In related Excite@Home news, the board of directors have authorized the company to hire an investment banking firm to advise with the needed restructure of the company. Excite@Home is in trouble with a huge debt and investors coming to collect.




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