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Shareholder suit highlights Excite@Home struggle

As AT&T considers various options for Excite@Home, a shareholder files suit claiming the giant has prevented the Net-over-cable firm from making deals.

 

  latest developments 

As AT&T considers various options for Excite@Home, a shareholder files suit claiming the giant has prevented the Net-over-cable firm from making deals.

"@Home cannot conduct its day-to-day operations with the objective of promoting its own best interests."

- Excite@Home shareholder Sheldon Pittleman, in a Delaware lawsuit

 


AT&T preventing Net deals, lawsuit says
Excite@Home's controlling shareholder, AT&T, is interfering with the firm's operations to gain competitive advantages in the online services industry, according to a shareholder lawsuit.

Previous coverage
AT&T exec departure may take heat off Excite@Home
The departure of one of its most seasoned cable executives isn't good news for AT&T, but it may bode well for the company's cable Internet partner, Excite@Home.

Why AT&T doesn't care about content
The telecommunications giant is not excited about Net content, and may be considering a way to shed those responsibilities from its stake in the Net over-cable provider Excite@Home.

AT&T weighs deals for Excite@Home
update AT&T confirms it is considering possible business deals involving its interest in cable Internet company Excite@Home following days of rumors.

Excite@Home may consider splitting in two
Excite@Home's board reportedly is preparing to vote on whether to divide the online service into two companies, following rumors of a major Internet deal.