Bell Atlantic in cable TV ventureIn another sign of the...


December 16, 1992

Bell Atlantic in cable TV venture

In another sign of the accelerating clash between the telephone and cable TV industries, Bell Atlantic Corp. announced yesterday that it would team with a small New Jersey company to provide 60 channels of television over new high-capacity lines to 38,000 homes in Dover Township, N.J.

The venture will be the first in which a telephone company has competed head to head against a cable television service.

Fleet Finance faces 3rd lawsuit

A Georgia judge ruled yesterday that thousands of borrowers may join a new class-action suit accusing Fleet Finance Inc. of unfair lending practices. The ruling was handed down by Judge Grant Brantley of the Cobb County Superior Court, near Atlanta. The case becomes the third suit certified as a class action against Fleet Finance Inc. of Atlanta that alleges wrongdoing in the handling of second mortgages and home equity loans.

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