Patricia Fusco

Concentric Network Corp. substantially shored up its share of the U.S. Web hosting market Monday by acquiring New Jersey-based 9 Net Avenue Inc. Concentric (CNCX) is buying 9 Net Avenue for $54 million in stock and cash. Henry R. Nothhaft, Concentric chairman, president and chief executive officer, the deal will solidify Concentric’s position as a […]

Excite@Home hopes to attract online business professionals with a little Excite@Work. Excite@Home (ATHM) Thursday announced the launch of Work.com, an online service designed to meet the growing needs of business professionals. The launch is the first phase of a major initiative to develop a comprehensive business portal featuring vertical industry content, communities and customized business […]

The City of Fairfax, Va., has joined a growing number of municipalities that have exercised their jurisdiction over local cable licensing to mandate open access of their cable networks. Much of the open access debate has centered around AT&T Corp. (T), assuming Tele-Communications Inc., (TCOMA) cable licenses in Portland, Ore., and Broward County, Fla,, to […]

CMGI Inc. is the latest company to jump in the free Internet access game with the acquisition of 1stUp.com, a San Francisco-based free Internet provider. The deal was announced late Monday after the close of U.S. markets. With nearly 50 companies in tow, CMGI (CMGI) already represents a diverse network of Internet companies worldwide. 1stUp.com […]

Over the next 100 days Prodigy Communications Corp. plans to double its network capacity to meet increased demands for its dial-up Internet access. Bill Kirkner, Prodigy (PRGY) chief technology officer, attributed the need for the upgrade to both new and acquired subscribers. “Our number one priority is our members’ online experience,” Kirkner said. “Our plans […]

PSINet Inc. Monday announced the acquisition of three more ISPs in North and South America. The deals complete PSINet’s worldwide consumption of 29 ISPs this year. PSINet (PSIX) acquired Quebec-based ISP TotalNet in Canada. The deal adds another 60,000 dial-up customers to their subscriber base and makes PSINet Canada the country’s largest independent ISP. Jim […]

Despite the growing proliferation of free Internet access, Microsoft Corp. is raising the price for unlimited access to its MSN Internet service by $2 a month. The increase from $19.95 to $21.95 a month price announced late Thursday is scheduled to take effect this fall. The move matches a recent price increase by industry leader […]

Prodigy Communications Corp. Wednesday unveiled its newest Internet software, Prodigy Internet Version 5.0, the latest Prodigy upgrade for Windows users. The software upgrade is designed to be Y2K compliant and includes the latest versions of Microsoft’s Internet Explorer and Outlook Express for e-mail and news. Bill Kirkner, Prodigy (PRGY) chief technology officer, said the software […]

Just after completing its 23rd international acquisition this year, PSINet Inc. Monday acquired four ISPs in Spain, Brazil and Hong Kong. PSINet (PSIX) bought out Infase, Spain’s eleventh largest ISP with points of presence in Barcelona and Madrid and Ciberia, a full-service design and access company. Harry G. Hobbs, PSINet Europe president, said the Spanish […]

The Digital Coast Roundtable has begun lobbying members of the Los Angeles City Council not to force cable to open their networks to competitors. Digital Coast Inc. is a group that represents influential new media companies in Los Angeles. The Digital Coast Roundtable is chaired by Los Angeles’ Mayor Richard Riordan, a staunch proponent of […]

An Internet service provider valuation report released this week by Wit Capital Group Inc. predicts doom and gloom for small Internet access providers and recommends that investors be wary of investing in the group. The report prepared by Elliot S. Prince, Wit Capital managing director, contends competition from free ISPs will put pressure on current […]

AT&T Corp. this week extended its broadband services to U.S. businesses with a suite of cable Internet and Digital Subscriber Line connectivity programs. The initial roll out of AT&T’s (T) broadband business services will provide DSL Internet access at a variety of speeds. Kathleen Earley, AT&T Internet Services president, said the telecommunications giant will target […]