More Excite@home coverage

Here is an interesting article regarding my current @home plight. Basically it points out that @home is losing money with their existing contracts with the cable companies and is now allowed to terminate those contracts. The article also reveals that @home is losing $6 million per week.

Now, their future may not look so bright, but at the same time, it makes me wonder... These guys have 4.1 million subscribers. HOW IN THE WORLD could they NOT be making money? The article says @home makes 35% of an average $46/month subscriber charge. With 4.1 million customers, that's over $66 million per month. At the same time, the cable companies collect the rest -- about $122.5 million per month. Altogether $188.6 million is being collected monthly for online service.

Now I just hope that these greedy morons (referring to all parties involved here: @home, Cox, Comcast, Charter, AT&T, etc.) will wise up and figure out how to slice this pie right so we, the customer writing those checks, won't be left out in the cold.

2 Comments

hENRY said:

@HOME IS LYING THEY HAVE WELL OVER 986MILLION DOLLARS AND THE WANTED TO KEEP THE MONEY FOR THEMSELVES SO THE WENT BANKRUPT ON A SCAM.!!!!!!!

Unkown said:

@ HOME IS LYING THEY HAVE WELL OVER 986 MILLION DOLLARS SO THEY WENT BANKRUPT ON A SCAM i TELL YOU A SCAM, BELIEVE ME i USE TO WORK WITHH THE TOP OFIICIALS AT Exicte@home.!!!!!!!!!

About

This article was published on November 30, 2001 8:11 PM.

The article previously posted was NO NO NO!!!!!!.

The next article is Yet another Outlook virus.

Many more can be found on the home page or by looking through the archives.

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