Rumors that AT&T is looking to invest in @Home have been given some substance, with confirmation from Tom Jermoluk, CEO of the company that provides high speed internet access over cable, that he is in talks with the telecoms giant. The report, published by Bloomberg, is the first indication by one of the two companies’ executives that a deal may be imminent. Initial talk of a tie-up between AT&T and @Home surfaced in December last year, when AT&T was reported to be investing $1.25bn in @Home. Earlier this month further speculation saw AT&T linking its Worldnet internet division with @Home’s three merged cable internet ventures, @Home, Roadrunner, and MediaOne and investing $1bn cash in the resulting new company.
