THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Friday, May 5, 1995 TAG: 9505050544
SECTION: BUSINESS PAGE: D2 EDITION: FINAL
SOURCE: (Associated Press)
LENGTH: Short : 26 lines
Tele-Communications Inc., the nation's largest cable company, said it formed a company to provide Internet access through cable TV wires. TCI was joined in the venture by Kleiner Perkins Caufield & Byers, a prominent venture capital firm in San Francisco.
The service will eventually allow owners of personal computers to attach them to the same cable that TV signals are on. Since the cables carry more signals at once than an ordinary phone wire, a computer will be able to interact with the Internet or other on-line systems much faster. TCI said it aimed to begin the service in some cities by early next year. It said it would identify the first places for rollout this summer. by CNB