AT&T cuts deal to win MediaOne
Thursday 06 May 1999
Media reports said Microsoft might invest about $5bn in AT&T in exchange for a commitment to use its Windows operating systems in the television set-top boxes AT&T will deploy in order to offer advanced interactive services. Microsoft declined to comment, as did AT&T. The proposed acquisition of MediaOne, in addition to AT&T's recent purchase of Tele-Communications Inc, will make AT&T the largest US telephone and cable television company.
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