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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| May 05, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TELECOM

Verizon cutting DSL price by $10

The No. 1 Baby Bell is aiming for cable broadband rivals, but may hurt AOL too. The new price, $34.95, is good for new customers and may be extended to current customers in a month. That price is about the same as AOL's dialup service, plus the cost of an extra line, and far cheaper than AOL's $55 broadband service. Verizon rose 2%; AOL fell a bit.

** Cable stocks fell on fears over the Verizon DSL price cuts. Comcast lost 4%, Cox 4% and Cablevision Systems gave up 3%.

Spam coming to cell phones soon

Unwanted commercial pitches, a bane of e-mail users, will make their way to Web-enabled cell phones as the potential audience grows. Telemarketing to cell-phone numbers is illegal, but no laws prohibit spam to e-mail addresses assigned to cell phones. In Japan, where text messaging is popular, ...

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