AT&T Ends Bid To Buy @Home Assets

thumbtack writes: "In the neverending story of the @home saga it's being reported (on the Excite Portal which is not going under) that AT&T has broken off their bid to purchase Excite@home assets. They cite a number of significant contractual breaches and other violations by the bankrupt broadband Internet access company. In another related story Comcast and Cox say they have inked separate $160 million dollar deals to continued service while they develop their own networks. AT&T say that as of Tuesday morning they have moved 500,000 of their subscribers over to their network."

Comments

Do the math

[Lumpish Scholar]

AT&T was going to pay $305M for the 75% of Excite@Home they didn't already own.

Comcast and Cox paid $320M for the honor of the lights turned out more or less gracefully.

Sounds good ... except Excite@Home (or the companies it owned money to) probably could have gotten up to $400M from AT&T. These are the same folks who thought Excite@Home was worth $1B, and who thought their fair cut of our $40/month payments was about $50/month. (They're getting about $95/month for the "three months, you're out" plan.)

Still no service

[slugfro]

"AT&T say that as of Tuesday morning they have moved 500,000 of their subscribers over to their network."

But I am not one of them!! As I have stated in my comments to the other @Home posts the last few days, I have still not been contacted in any form by AT&T regarding my loss of service either before or after the service was turned off. The lastest update on the AT&T website says that the Sacramento area should get service Wednesday of Thursday and that a representative will call when service is restored. We'll see if that really happens.

Now I can only read /. from work ;-/

DNS. . . .

[Com2Kid]

You know, I wouldn't mind the bandwidth caps as long as they are temporary, and I can understand iffy service, but damnit;

DNS SERVICES ARE A TAD WEE BIT FRIGGIN CRUCIAL.

Bleh, darn thing is so friggin iffy, bleeeeh.

Also cannot upload to webspace account if you are not on a computer on the ATTBI network, darnit, there goes my file drop, heh. Signed up for a free one, bleh.

Back on the topic of DNS though, I suggest that people now take the time to switch over to one of the many alternative DNS providers out there are are free and give ya lots of nifty TLDs to play around with. :)

AT&T still sucks...

[codewolf]

Here is a link to the migration timings for AT&T customers:

http://help.broadband.att.com/faq.jsp?name=srvc_av ailable_frmrtci

I am still without cable modem access, and without any other choice for a high speed connection.

As soon as I do have a choice, I'll be running away from AT&T. This debacle is AT&T's fault, they failed their customers, and should have had an immediate backup plan when this happened.