@Home, Three Partners Agree to Service Extension

Cable companies Comcast, Cox, and Rogers Cable have reach deals with bankrupt Internet provider Excite@Home to continue service for three months. Comcast and Cox will each pay Excite $160 million up front and no longer pay monthly fees for their 800,000 and 555,000 respective subscribers. Rogers Cable has also reached a similar deal, according to the company. Other partners including Adelphia and Charter are still negotiating terms.
The agreements come just days after @Home service was turned off to AT&T subscribers, when the company reportedly refused to pay Excite $100 million. Most of Excite@Home's cable partners have been working around the clock to switch customers onto their own networks, and the three month buffer period will allow for a smoother transition.