Patricia Fusco

Allegations of insider trading have brought PSINet. Inc.’s $720 million acquisition of Transaction Network Services Inc. under review. According to The Washington Post, the New York Stock Exchange and the U.S. Securities and Exchange Commission are investigating a possible leak of insider information about the deal after unusual trading activity boosted TNS shares $6 to […]

Log On America Inc. continued its Northeast expansion Tuesday with its second purchase of August. LOA Tuesday acquired Connecticut-based UcoNect LLC. No financial terms were disclosed. UcoNect currently offers statewide commercial, educational and residential local dial-up services. The company also offers free Internet training courses and introductory programming classes for members. David R. Paolo, LOA […]

PSINet Inc. Monday continued to advance its goal of becoming a major e-commerce service provider with the purchase of Transaction Network Services Inc. PSINet will pay $720 million in cash and stock for Transaction Network Services. The total includes $351 million in cash and up to 7.8 million PSINet common shares Headquartered in Reston, Va., […]

EarthLink Network Inc. Monday struck a deal with GTE Internetworking to expand its Digital Subscriber Line services throughout the U.S. The arrangement boosts EarthLink’s existing nationwide DSL network service offering launched in July through a partnership with Sprint Communications Co. GTE currently operates more than 500 DSL-ready central offices in its respective service territories. GTE […]

Beating the typical summer slump in subscriber growth, Prodigy Communications Corp. Thursday announced a 20 percent jump in new customer subscriptions over the past six weeks. Many of the 120,000 new Prodigy subscribers took advantage of inexpensive computer promotions bundled with long-term Internet access contracts. Samer Salameh, Prodigy chairman and chief executive officer, attributed the […]

Hedging a bet that set-top boxes and cable modems will be in high-demand with U.S. consumers, Excite@Home is positioning itself to deliver interactive television services through their cable partners. Excite@Home Wednesday announced it is offering their cable partners a suite of modular content applications and network services specifically designed for television set-top boxes. This family […]

Microsoft Corp. Wednesday announced an agreement with eCHARGE that will let MSN Internet Access subscribers have the monthly fee charged to their phone bill. As part of the bundled billing agreement, Microsoft and eCHARGE will market the online payment company’s services on MSN Internet Access through direct and e-mail advertising campaigns. The marketing effort is […]

The largest U.S. home access cable provider, Excite@Home Tuesday filed an amicus brief urging the U.S. Ninth Circuit Court of Appeals to overturn the a recent decision. In May, the federal district court ruled that the city government of Portland, Ore., has the authority to force its cable TV company to open access to independent […]

As part of a plan to reap the e-commerce rewards of online ticket sales, Excite@Home Tuesday announced a strategic partnership with Tickets.com. Excite@Home will invest $85 million in Tickets.com and will construct a one-stop resource for sports and entertainment ticket sales on the Web. Along with cable access provider Cox Communications Inc., Excite@Home also signed-up […]

America Online Inc. has suffered a mild defeat in the middle of its highly publicized squabble with Microsoft Corp. over instant messaging. A U.S. District Court judge Friday threw out a lawsuit AOL filed last year against AT&T for allegedly infringing on its intellectual property. In the suit, AOL claimed that AT&T was illegally using […]

MCI WorldCom Inc. Sunday finally restored its domestic frame relay network platform in the U.S., following a planned 24-hour outage in which it sought to correct problems that have gone on for 10 days. In order to stabilize their frame relay network, MCI WorldCom Saturday took the domestic system out of service for approximately one […]

AltaVista Co. Thursday became the latest player to offer free Internet access. AltaVista free Internet access is a nationwide dial-up service offering an Internet connection to subscribers with no monthly service fees. The free service is combined with AltaVista MicroPortal, launched earlier this year. The personalized desktop window permits users to customize their media services […]