Technology

AT&T TO HAVE LESS THAN 20% OF NETS INC

CBR Staff Writer July 1, 1996

A source close to the AT&T Corp-Industry.Net Inc alliance told Reuter that AT&T will have a stake of less than 20% of the new Nets Inc, with an option to increase this in the future. An unspecified amount of cash will be invested together with the assets of AT&T New Media, the informant declared.

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