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Falling over like dominoes...
Published: 22 August 2001 08:15 BST
Fears of the demise of excite@home are having a knock-on effect on AT&T's plans to sell off its broadband division.
AT&T has already turned down a $53bn bid from Comcast, and is now considering a demerger of the business - although the company hasn't ruled out a sale to another buyer.
But any deal may be scuppered by the upheaval at Excite. Excite owns parts of AT&T's network, and if it is forced to file for bankruptcy protection, as some analysts fear, AT&T will have to take over those assets, or find alternative equipment to ensure users are not cut off, this morning's FT reports.
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