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Microsoft wins, AOL loses in AT&T-Comcast deal | |
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| Time: 18:08 EST/23:08 GMT | News Source: E-Mail | Posted By: Matthew Sabean | ||
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Microsoft stands to win big from the $47 billion sale of AT&T's cable network to Comcast, with the software giant finally seen making inroads in high-speed cable Internet access and interactive television, analysts said Thursday. The deal calls for Microsoft to convert its $5 billion investment in AT&T debt into 115 million common shares of AT&T Comcast, giving it a vote in what will be the country's biggest cable network with 22 million subscribers. | ||
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