MediaOne Group, Inc. - UMG- Profile

MediaOne Group Inc., provides cable and telecommunication network services to international and domestic customers. The company operates in two major segments domestic broadband and international broadband and wireless communications. The company's cable systems offer cable programming services and various informative channels for both domestic and international customers. The Company provides information services, communication and information products and services over wireless networks and domestic cable television operations. The media group is comprised of U S West Marketing Resources Group, Inc., U S West NewVector Group, Inc., U S West Multimedia Communications, Inc. and U S West International Holdings, Inc. In May 1999, the company entered into a merger agreement with AT&T Corporation. International sales accounted for 64% of 1999 revenues. Domestic Multimedia ventures accounted for 43% of 1999 revenues; domestic cable operations, 35%, international Cable operations, 22% and other, nominal.