NCTA

STATEMENT OF NCTA PRESIDENT & CEO ROBERT SACHS REGARDING AT&T/COMCAST MERGER

STATEMENT OF NCTA PRESIDENT & CEO ROBERT SACHS REGARDING AT&T/COMCAST MERGER

December , 20 , 2001

"The AT&T Broadband/Comcast merger brings together two of the top management teams in the cable business and positions the companies well to compete with phone giants the likes of SBC and Verizon, and the proposed EchoStar/DirecTV direct broadcast satellite powerhouse. Consumers will be the beneficiaries of vigorous competition between the cable, telephone and satellite industries."