Private (Subsidiary of Comcast) | |
Industry | Cable television |
Predecessor | U S WEST Inc. then American Telephone and Telegraph Company as AT&T Broadband |
Founded | 1998 |
Headquarters | United States |
Parent | Comcast Corporation |
MediaOne Group, Inc. (Comcast MO Group, Inc.) was created by US WEST Inc, one of the original Baby Bells Regional Bell Operating Companies, acquisition of Boston-based Continental Cable and combined with its previously acquired Atlanta-based Wometco/GTC. Wometco/GTC company had adopted the MediaOne name a year earlier. Media One Group was acquired in 2000 by AT&T Broadband, and was subsequently acquired by Comcast in 2002.
U S WEST Inc. was a regional holding company formed from the combination of three Bell Operating Companies: The Mountain States Telephone and Telegraph Company (or Mountain Bell, based in Denver, Colorado); Northwestern Bell, based in Omaha, Nebraska; and Pacific Northwest Bell, based in Seattle, Washington. U S WEST Inc. also operated BetaWest, U S WEST International, as well as a directory publishing company, LANDMARK Publishing, renamed US WEST Direct and finally U S WEST Dex. On January 1, 1991, Northwestern Bell and Pacific Northwest Bell were legally merged into Mountain Bell and renamed US WEST Communications, Inc. US WEST was the first RBOC to consolidate its Bell Operating Companies (followed by other was BellSouth).
In order to segregate its regulated telephone service from its unregulated cable TV businesses, US WEST Inc separated their assets and businesses into two groups named US WEST Communications Group and US WEST Media Group and issued separate tracking shares for the each company. These tracking shares reflected results and prospects of the group's business, and would be traded separately. The Media Group's ticker symbol was "UMG" while Communications group continued with the "USW" ticker.
In 1995, the cable modem service was later renamed to MediaOne Express. The company completed a co-branding deal with Time Warner's cable modem Internet business under which MediaOne would become MediaOne RoadRunner.