Upon completion of its network construction, J-COM will pass more than 4.8 million homes. It also has launched high speed Internet services in several systems and has plans to expand the service into a majority of its systems by 2000. Besides its role as a trader, Sumitomo Corporation is increasingly active as an investor in a diverse range of businesses that mesh with existing operations, or that position the company in markets with long-term potential. Sumitomo Corporation has a staff of 8,804 throughout Japan and in 88 other countries. The cable connection provides users significant increases in speed over conventional Internet services.
Corporation is already the largest high-speed data services provider in North America.
All other brands and product names are trademarks of their respective owners. This press release contains forward-looking information within the meaning of Section 27A of the Securities Exchange Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. Actual results may differ materially due to a number of risks. In particular, the transactions described in this press release are contingent upon the parties' success in negotiating and executing definitive agreements and obtaining all necessary Board of Director approvals and there can be no assurance that such transactions will be completed. At Home Corporation.