AT&T acquires Planet Internet

AT&T is one step closer to offering an Internet service in the UK. The US telecomms giant has purchased Dutch-owned Planet Internet, which launched a high-profile consumer-orientated Internet service earlier this year.

AT&T is one step closer to offering an Internet service in the UK. The US telecomms giant has purchased Dutch-owned Planet Internet, which launched a high-profile consumer-orientated Internet service earlier this year. The Planet service will be combined with AT&T's own WorldNet service which received massive support in the US when it offered free Internet connectivity to AT&T telephony subscribers. The service is expected to be launched in the UK in the first quarter of 1997.

The financial terms of the deal were not disclosed but AT&T gains access to Planet's network infrastructure, distribution and marketing arrangements. The company is also looking at offering Internet connectivity to AT&T's corporate customers in the UK.

Newsletters

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All