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The Commission has received an application from America Online/Time Warner, Inc. (AOLTW) requesting approval of a non-affiliated Internet Service Provider (ISP) and alternative cable broadband service agreement. Pursuant to Paragraph II.A.2 of the decision and order finalized by the Commission on April 17, 2001 concerning AOL's acquisition of Time Warner, Inc., AOLTW has requested FTC approval of: 1) LocalNet Corp. (LocalNet) and; 2) the alternative broadband ISP service agreement entered into between Time Warner Cable (TWC) and LocalNet to provide cable broadband ISP service in TWC's Albany, Binghamton, Liberty, Rochester, and Syracuse, New York divisions.

The FTC is accepting public comments on the proposed application until December 11, 2001. Comments should be sent to: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Ave., N.W., Washington, D.C. 20580. A public version of the application can be found on the Commission's Web site at www.ftc.gov. (FTC File No. 001-0105; Docket No. C-3989; staff contact is Daniel P. Ducore, Bureau of Competition, 202-326-2526; see press releases dated November 9, 2000; December 14, 2000; February 26, 2001; April 18, 2001; September 28, 2001; October 4, 2001; October 19, 2001 and October 30.)

Copies of the documents mentioned in this release are available from the FTC's Web site at http://www.ftc.gov and also from the FTC's Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, D.C. 20580.

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Media Contact:
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202-326-2180