Word: worldnet
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Dates: during 1990-1999
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...account with a large national provider like America Online or AT&T WorldNet or a regional service like MindSpring or EarthLink; access with e-mail and unlimited use should cost roughly $20 a month. Once you're online, spend some time browsing the Web to get a sense of how other businesses are presenting themselves. Try buying something like a book or a CD online to see how the process works. Stake out your virtual competition; remember once your business is online, your old nemesis down the block will no longer be your only rival...
...spokesman commented, "We certainly think people should be on-line, not in line. If people can't get to the buffet table, they're not coming back." On Wednesday, AT&T made an announcement that AOL's woes have caused a large number of customers to defect to its WorldNet service. And to add to the fiasco, New York State Attorney General Dennis Vacco said today he may file a lawsuit alleging AOL has engaged in "false advertising" and "repeated and persistent fraud." AOL has said it will upgrade its network to handle the increased number of members who stay...
...that promised to change dramatically last week when mammoth AT&T announced that it would offer its regular residential telephone customers--all 80 million of them--five hours of free access to the Internet each month, or unlimited access for $19.95 a month, on its newly announced Worldnet access service. Suddenly, the right flat rate and the right number of phone lines were in the same place, and the entire Internet-service industry seemed on the verge of a brutal shake-out. At week's end AOL's share price dropped 15%, from 53 7/8 to 45 3/4, while...