[May 05, 2005]
Mediacom Communications to Enhance High-Speed Internet Services; Increase Residential Service Speeds from 3Mpbs to 5Mbps at No Added Cost; Introduce Premier 10Mbps Service; Include Free PC Security Tools; Add Disney Connection and ESPN360 Content
MIDDLETOWN, N.Y. --(Business Wire)-- May 5, 2005 -- Mediacom Communications Corporation (Nasdaq: MCCC) today announced it plans to increase the maximum download speed of its flagship residential Internet service from 3Mbps to 5Mbps, at no additional charge to customers. Mediacom plans to also introduce a premier Internet service with maximum speeds of 10 Mbps download and 1Mbps upload. Both Mediacom Online services will include a free package of PC security tools, and free access to premium content and other featured programming. Customers can expect to see these upgrades within the next 90 days.
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"Once again, we are pleased to enhance our Mediacom Online service with higher speeds and also provide free access to broadband-rich premium content," said JR Walden, Mediacom's Group Vice President, IP Services. "Unlike our competition, we are offering our high-speed Internet services to every home in our Mediacom Online markets. These improvements to our market leading broadband product reinforce its superior value compared to satellite and DSL."
Mediacom's new 10Mbps service includes a wireless router for multiple connections and premium content such as professional sports events, news, electronic greeting cards, an online encyclopedia, games and music.
All Mediacom high-speed Internet services will now contain a free package of security tools, such as Spam, Pop-up and Spyware Blockers, Parental Controls, and Anti-Virus and Firewall protectors.
These services will also offer access to premium content, including the Disney Connection, a collection of games, entertainment cartoon shorts and music videos designed for kids and families. Other featured programming includes ESPN's new online service ESPN360, which provides favorite sports highlights, commentary, analysis and behind-the-scenes sporting event footage on demand.
About Mediacom Communications
Mediacom Communications is the nation's eighth largest cable television company and the leading cable operator focused on serving the smaller cities and towns in the United States. Mediacom Communications offers a wide array of broadband products and services, including traditional video services, digital television, video-on-demand, digital video recorders, high definition television and high-speed Internet access.
Mediacom Communications Forward Looking Statement
Any statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify those forward-looking statements by words such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continues" or the negative of those words and other comparable words. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from historical results or those Mediacom Communications anticipates. Factors that could cause actual results to differ from those contained in the forward-looking statements include: competition in Mediacom Communications' video and high-speed Internet access businesses; Mediacom Communications' ability to achieve anticipated customer and revenue growth and to successfully introduce new products and services; increasing programming costs; changes in laws and regulations; Mediacom Communications' ability to generate sufficient cash flow to meet its debt service obligations and the other risks and uncertainties described in Mediacom Communications' annual report on Form 10-K and the other reports and documents Mediacom Communications files from time to time with the Securities and Exchange Commission. Mediacom Communications is under no obligation to (and expressly disclaims any such obligation to) publicly update or alter its forward-looking statements made in this press release, whether as a result of new information, future events or otherwise.
