Telecommunications Inc., the nation’s largest cable company, has announced the creation of a venture to provide high-speed Internet access through cable television systems.
The new company, called @home, was formed in a partnership between TCI and the Menlo Park venture-capital firm Kleiner Perkins Caufield & Byers. The firm plans to offer service nationwide in the first quarter of 1996. Pricing is expected to be $30 to $40 a month for unlimited use at the astounding speed of 10 megabits per second.
TCI said the new service would “employ local partners (newspapers) to create rich textured communities of information” for the 11.7 million TCI customers. The high-speed cable service could quickly make TCI the single largest Internet provider because its prices and bandwidth couldn’t be equaled by other online services.
For more information, send e-mail to [email protected] or access http://www.home.net.
Separately, CompuServe said it would support Intel’s Cableport adapter to provide online services via cable. Cableport is being tested by companies such as Comcast Cable and Viacom Cable to provide Internet access at speeds up to 10 Mbps.