This article needs additional citations for verification .(June 2007)
|Founded||July 11, 1996|
|Defunct||October 1, 2001|
|William Randolph Hearst III, co-founder and CEO|
|Products||Broadband Internet access|
Number of employees
@Home Network was a high-speed cable Internet service provider from 1996 to 2002. It was founded by Milo Medin, cable companies Tele-Communications Inc. (TCI), Comcast, and Cox Communications, and William Randolph Hearst III, who was their first CEO, as a joint venture to produce high-speed cable Internet service through two-way television cable infrastructure. At the company's peak it provided high speed Internet service for 4.1 million subscribers in the United States, Canada, Japan, Australia, and the Benelux nations (Belgium, Netherlands, Luxembourg). The company operated as four joint ventures, three of which were international. In 1999, the company acquired Excite. In 2008, @Home was merged into Ziggo.
The passing of the Telecommunications Act of 1996 enabled cable companies to start offering Internet telephony services to customers.
The company's first VP of Engineering and later Chief Technology Officer was Milo Medin, and the company got its start from venture capital firm Kleiner Perkins Caufield & Byers.[ citation needed ]
In December 1998, Excite was in merger negotiations with Yahoo! inc in an agreement to purchase the Excite portal for a price between $5.5 billion and $6 billion. On December 19, at Kleiner Perkins prompting, @Home Network's Chairman and Chief Executive Officer Thomas Jermoluk met with Excite's chairman and CEO George Bell, according to documents filed with the SEC, and a deal was hashed out for the purchase of Excite and its debt.[ citation needed ]
On January 19, 1999, @Home Networks acquired the Internet portal Excite. The $6.7 billion merger became one of the largest mergers of two Internet companies ever; the combined entity would marry the profitable high speed Internet network of @Home and expand its existing Home.com portal with Excite's money-losing search engine and Internet portal. The combined entity's external name became Excite@Home, however the stock symbol and regulatory filing records remained properly known as At Home Corporation (ATHM).[ citation needed ]
As a side effect of the deal, @Home's chairman and chief executive George Tom Jermoluk (also called T.J. for short) stepped down as chief executive officer, but remained chairman of the board, and Excite's former chairman and chief executive George Bell, who was the president of the Excite division of @Home, moved over as chief executive of the new Excite@Home entity.[ citation needed ]
The new Excite division took the existing @home.com web portal that was provided to subscribers of the service and merged it with the Excite portal. Along with this was the movement toward personalized web portal content, a concept now commonplace in all Internet portals today.[ citation needed ]
In just months following the merger, Excite@Home's Excite division purchased iMall for about $425 million in stock. Most significant of these was the purchase of the online greeting card company Blue Mountain Arts, Excite@Home issued 11.2 million shares, worth close to $430 million, and paid $350 million in cash. In addition Excite paid for sponsorship of Infiniti IndyCar driver Eddie Cheever, Jr., through the 2000 and 2001 Indy racing seasons for an undisclosed amount.[ citation needed ]
On June 10, 1999, the @Home cable division announced a joint venture with Australia with Cable & Wireless Optus to form a new company, AtHome Network Australia. The projected homes passed for the deal was 2.2 million.[ citation needed ]
The merger between Excite and @Home fell disastrously short of expectations. The stock which once soared at $128.34 a share in the first quarter of 1999 and had a market cap of $35 billion had fallen to $1 a share by the third quarter of 2001 when the company formally filed for Chapter 11 bankruptcy protection. The new Chief Executive George Bell worked from his home in Massachusetts and the Chief Financial Officer Mark McEachen lived in LA, flying in only once per week to the Bay Area to conduct business. Both executives were part of the former Excite executive team. More significantly, expenses ran far ahead of revenues. The burst of the dot-com bubble in March 2000 and the subsequent collapse of the Internet advertising market further limited the company's prospects by making it harder to raise investor money to keep the company afloat in the absence of retained earnings. By 2001, the company was running out of cash.[ citation needed ]
On September 21, 2000, George Bell stepped down as chief executive officer and reprised his role as president of the Excite division. The stock was trading at $15.38 a share, a drop of 90% of the company's evaluation during his leadership. On April 23, 2001, Patti S. Hart, the former chief executive officer of Telocity joined Excite@Home as its third CEO and @Home's fourth. In the same announcement, the outgoing chairman George Bell resigned and left the company completely. The news was not good, as the company also reported a first-quarter net loss of $61.6 million, or 15 cents per share, on revenue of $142.8 million compared with a loss of $4.6 million, or 1 cent, on revenue of $138 million in the same period the prior year.[ citation needed ]
On June 11, 2001, Excite@Home announced what it had raised $100 million in fresh financing from Promethean Capital Management and Angelo Gordon & Co. Part of the deal not widely disclosed was that the loan was repayable immediately if Excite@Home stock was delisted by Nasdaq. The loan, structured as a note convertible into shares of Excite, had an interest rate of zero. The key aspect of the deal was that Promethean gained first dibs on Excite's assets.[ citation needed ]
By August 20, 2001, @Home fired their auditor firm Ernst & Young, replacing them with PricewaterhouseCoopers. In addition, they received a demand for the immediate repayment of $50 million in debt by bondholders Promethean Capital Management and Angelo Gordon & Co. At the same time, both Cox Cable and Comcast announced that they would separate from the broadband Internet service by Q1 of 2002.[ citation needed ]
On September 13, 2001, Excite@Home sold Blue Mountain Arts for $35 million to American Greetings, less than 5% of what they had paid less than two years earlier.[ citation needed ]
On October 1, 2001, the company filed for chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the Northern District of California. The company's remaining 1,350 employees would be laid off over the following months into the first quarter of 2002. As part of the agreement @Home's national high-speed fiber network access would be sold back to AT&T for $307 million in cash. At Home Liquidating Trust became the successor company to Excite@Home charged with the sale of all assets of the former company.[ citation needed ]
After the company's demise, the four Excite@Home headquarters buildings at 450 Broadway Street in Redwood City, California, were purchased by Stanford University Medical Center, greatly remodeled, and reopened as the new home of the Stanford Medicine Outpatient Clinics in 2009. The shells were largely preserved, but the interiors are completely new, providing facilities that had been unavailable in the Palo Alto location. The buildings, plainly labeled Stanford Medicine, are easily visible from the freeway, U.S. 101, where the buildings labeled Excite@Home had previously been.[ citation needed ]
Features of the @Home network were fairly standardized from cable provider to cable provider. All users of the service were granted email addresses which were (username)@home.net. Users were also given a special content-rich start-page on the Internet, which was specifically created for broadband speeds at a time when very few websites on the Internet were geared towards broadband users. Users were also granted access to other Excite websites such as Blue Mountain and their greeting-card by email service. Also as part of the @Home experience, users were provided with a special Excite@Home web browser which was essentially an @Home re-branded version of Internet Explorer with Excite@Home enabled features built within the browser. Additionally, besides the web browser users could also download the Excite@Home powered Instant Messenger, and @Home Assistant desktop widget, which had features like Excite's Search and current wire service news, along with an Internet radio portal known as "TuneIn" (which has no connection or relation to the current-day streaming provider of the same name).
In total Excite@Home offered services to a total of 16 affiliates across the United States and Canada. This included: Cablevision Systems, Century Communications , Charter Communications, Cogeco Cable, Comcast, Cox Communications, Garden State Cable, Insight Communications, InterMedia Partners, Jones Intercable, Midcontinent Cable, Prime Cable, Rogers Cablesystems, Shaw Communications, Suburban Cable, Susquehanna Communications, and Videon Cablesystems with access to over 60 million households.
In 1999, @Home Network founded @Home Benelux BV, together with Intel Corporation and the (now former) Dutch companies EDON NV & Palet Kabelcom BV. @Home Benelux BV was based in Amsterdam. Later, N.V. Energie-Distributiebedrijf Oost- en Noord-Nederland (EDON) (then called Essent) got full ownership of @Home Benelux BV, and the company was called Essent Kabelcom. In February 2007, Essent sold Essent Kabelcom to private equity firms Warburg Pincus and Cinven, and the company was once again called @Home (now without the 'Benelux'-part).On May 16, 2008, @Home merged with cable providers Casema and Multikabel into Ziggo, thus becoming the largest cable provider of The Netherlands.
Wireless broadband is telecommunications technology that provides high-speed wireless Internet access or computer networking access over a wide area. The term comprises both fixed and mobile broadband.
Telecommunications in the Dominican Republic include radio, television, fixed and mobile telephones, and the Internet.
Telecommunications in Australia refers to communication in Australia through electronic means, using devices such as telephone, television, radio or computer, and services such as the telephony and broadband networks. Telecommunications have always been important in Australia given the 'tyranny of distance' with a dispersed population. Governments have driven telecommunication development and have a key role in its regulation.
Comcast Corporation is an American multinational telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the second-largest broadcasting and cable television company in the world by revenue, the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. Comcast provides services to U.S. residential and commercial customers in 40 states and in the District of Columbia. As the parent company of the international media company NBCUniversal since 2011, Comcast is a producer of feature films and television programs intended for theatrical exhibition and over-the-air and cable television broadcast, respectively.
Singtel Optus Pty Limited is an Australian telecommunications company headquartered in Macquarie Park, New South Wales, Australia. It is a wholly owned subsidiary of Singtel. Optus is the second-largest wireless carrier in Australia, with 10.5 million subscribers as of 2019.
Excite is an American web portal operated by IAC that provides a variety of outsourced content including news and weather, a metasearch engine, and a user homepage. In the United States, the main Excite homepage had long been a personal start page called My Excite. Excite once operated a webmail service commonly known as Excite Mail until August 31, 2021.
Tele-Communications, Inc. (TCI) was a cable television provider in the United States, and for most of its history was controlled by Bob Magness and John Malone.
Network neutrality, most commonly called net neutrality, is the principle that Internet service providers (ISPs) must treat all Internet communications equally, and not discriminate or charge differently based on user, content, website, platform, application, type of equipment, source address, destination address, or method of communication.
Charter Communications, Inc., is an American telecommunications and mass media company with services branded as Spectrum. With over 26 million customers in 41 states, it is the second-largest cable operator in the United States by subscribers, just behind Comcast, and third-largest pay TV operator behind Comcast and AT&T. Charter is the fifth-largest telephone provider based on number of residential lines.
Xfinity is the trade name of Comcast Cable Communications, LLC, a division of Comcast Corporation, used to market consumer cable television, internet, telephone, and wireless services provided by the company. The brand was first introduced in 2010; prior to that, these services were marketed primarily under the Comcast name.
Broadstripe is a telecommunications and cable company owned by WideOpenWest and Anne Arundel Broadband, with WideOpenWest holding a majority stake in the company. Serving communities in Maryland, Broadstripe serves residential customers with WOW! serving business customers, with entertainment and communications products including digital cable, home phone and broadband internet services.
RCN Corporation, originally Residential Communications Network, founded in 1993 and based in Princeton, New Jersey, was the first American facilities-based ("overbuild") provider of bundled telephone, cable television, and internet service delivered over its own fiber-optic local network as well as dialup and DSL Internet service to consumers in the Boston, New York, eastern Pennsylvania, Washington, D.C., Chicago, and Los Angeles areas.
In the United States, net neutrality, the principle that Internet service providers (ISPs) treat all data on the Internet the same, and not discriminate, has been an issue of contention between network users and access providers since the 1990s. With net neutrality, ISPs may not intentionally block, slow down, or charge money for specific online content. Without net neutrality, ISPs may prioritize certain types of traffic, meter others, or potentially block traffic from specific services, while charging consumers for various tiers of service.
The Internet in South Africa, one of the most technologically resourced countries on the African continent, is expanding. The Internet country code top-level domain (ccTLD) .za is managed and regulated by the .za Domain Name Authority (.ZADNA) and was granted to South Africa by the Internet Corporation for Assigned Names and Numbers (ICANN) in 1990. Over 60% of Internet traffic generated on the African continent originates from South Africa. As of July 2016, 29.3 million people were Internet users.
Internet in Australia first became available on a permanent basis to universities in Australia in May 1989, via AARNet. Pegasus Networks was Australia's first public Internet provider in June 1989. The first commercial dial-up Internet Service Provider (ISP) appeared in capital cities soon after, and by the mid-1990s almost the entire country had a range of choices of dial-up ISPs. Today, Internet access is available through a range of technologies, i.e. hybrid fibre coaxial cable, digital subscriber line (DSL), Integrated Services Digital Network (ISDN) and satellite Internet. In July 2009, the federal government, in partnership with the industrial sector, began rolling out a nationwide fibre-to-the-premises (FTTP) and improved fixed wireless and satellite access through the National Broadband Network. Subsequently, the roll out was downgraded to a Multi-Technology Mix on the promise of it being less expensive and with earlier completion. In October 2020, the federal government announced an upgrade by 2023 of NBN fibre-to-the-node (FTTN) services to FTTP for 2 million households, at a cost of A$3.5 billion.
MediaOne Group, Inc. was created by US WEST Inc, one of the original Baby Bells Regional Bell Operating Companies, acquisition of Boston-based Continental Cable and combined with its previously acquired Atlanta-based Wometco/GTC. Wometco/GTC adopted the MediaOne name a year earlier. Media One Group was acquired in 2000 by AT&T Broadband, which was subsequently acquired by Comcast in 2002.
This article lists the deployment of fiber to the premises, fiber to the home and fiber to the building by country.
Internet bottlenecks are places in telecommunication networks in which internet service providers (ISPs), or naturally occurring high use of the network, slow or alter the network speed of the users and/or content producers using that network. A bottleneck is a more general term for a system that has been reduced or slowed due to limited resources or components. The bottleneck occurs in a network when there are too many users attempting to access a specific resource. Internet bottlenecks provide artificial and natural network choke points to inhibit certain sets of users from overloading the entire network by consuming too much bandwidth. Theoretically, this will lead users and content producers through alternative paths to accomplish their goals while limiting the network load at any one time. Alternatively, internet bottlenecks have been seen as a way for ISPs to take advantage of their dominant market-power increasing rates for content providers to push past bottlenecks. The United States Federal Communications Commission (FCC) has created regulations stipulating that artificial bottlenecks are in direct opposition to a free and open Internet.
Comcast Business is a subsidiary of Comcast, which, through several iterations, has handled the sales, marketing, and delivery of internet, phone, and cable television to businesses. In 2012, Comcast Business grew by 34%, the fastest growth of any of Comcast's products in 2012, reaching $2.4 billion in revenue. In 2013, Comcast Business generated $3.2 billion in revenue, an increase of 26% over 2012 revenue.
Essent Kabelcom [was] acquired by Cinven and Warburg Pincus [in] 2006