AT&T announced on Monday that starting with March it would raise the prices of its main broadband Internet services. This decision will affect all of the states where AT&T operates excepting the ones acquired by the company with the buyout of BellSouth. According to AT&T’s spokesman, Michael Coe, the affected customers will be the ones having the slowest broadband tiers, ranging from 768 Kbps to 3 Mbps. So, the 1.5 Mbps service, which is the most common service among the company’s almost 14.2 million broadband clients, will also be affected.

Still, according to Michael Coe, the $5-per-month price hike will not affect AT&T’s new clients who sign up for the slowest broadband Internet service, as well as the ones who signed up under special promotional deals.

AT&T has already started to announce its customers about the price hike via emails or notices coming with the bills. The company’s arguments for taking this decision was that thus, “the value of our broadband service” would be better reflected as demand continues to grow for high-speed Internet services.

On Monday AT&T’s shares ended down 12 cents.

“With the popularity of Virtual Tours both on the Internet and Cable Television, the demand for information on options for today’s homebuyer, and the necessity of Credit improvement seminars, Wi-Fi TV is a perfect platform for delivery of such valuable information,” said Eileen Luttrell, licensed realtor, President of AllGolfTV and independent marketer of Wi-Fi TV Stations.”Real Estate Agents also need to get as much exposure for their listings and services in today’s inventory flooded market. There is so much competition for the fewer qualified buyers that it is imperative that an Agent do as much as possible to set their listing apart from the rest and with rising gas prices, using Wi-Fi TV’s technology to offer virtual home tours helps Agents and their Clients save valuable resources and time.”Another perk to using Wi-Fi TV as an online Real Estate Marketplace is the ability to offer free services to homebuyers such as Home Inspection Tutorials. Companies like Sacramento-based Sacramento Home Inspection (www.sacinspect.com) offer a video demonstration on Home Inspection basics. Informative services like these are easily offered through the Wi-Fi TV platform so a Real Estate Agent who wants to offer the best service for their Clients should not pass up this great opportunity,” Eileen Luttrell concluded.Ms. Luttrell oversaw a multi-thousand opt-in email campaign this week aimed at raising the profile of Wi-Fi TV with realtors. Wi-Fi TV is selling Wi-Fi TV stations and providing partial financing to qualified buyers.ABOUT REAL ESTATE TVFor more information on Wi-Fi TV Real Estate opportunities and for advertising and Wi-Fi TV Station purchase information, contact Eileen Luttrell, 916-949-0800, Fax 866-549-0045, eileen@allgolftv.com.ABOUT WI-FI TV INC.Wi-Fi TV(TM: 107.78, +2.41, +2.28%) is a pioneer of TV on the Internet. Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995.Wi-Fi TV Inc. provides Social Internet TV(TM: 107.78, +2.41, +2.28%), a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster.The Wi-Fi TV website (www.Wi-FiTV.com) is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a free dialer and make phone calls and host live video parties all on one website.The Company was launched in 1995 and has been publicly traded since November 1997.For information on purchasing a Wi-Fi TV Station send an email to info@wi-fitv.com or call 949-576-5011.For press relations, contact Colby Marceau, 949-716-9397, info@wi-fitv.com.Forward-Looking StatementsAny statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital,receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-Fi TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.

For press relations for Wi-Fi TV call: 949-716-9397 Wi-Fi TV Inc. 3434 Via Lido #300 Newport Beach, CA 92663 info@wi-fitv.com

SOURCE: Wi-Fi TV Inc.

mailto:info@wi-fitv.

Yahoo Inc. has not yet decided whether to accept a $44.6 billion bid from Microsoft Corp., CEO Jerry Yang told employees in an e-mail Wednesday.

Sunnyvale-based Yahoo (NASDAQ: YHOO) is “evaluating a wide range of potential strategic alternatives in what is a complex and evolving landscape,” Yang added, and said the board has hired advisers to help evaluate options.

Yang said in this e-mail that the offer “highlights the tremendous strength of the Yahoo brand and assets.”

Search giant Google Inc. (NASDAQ: GOOG) said in a blog posting that the bid by Redmond, Wash.-based Microsoft (NASDAQ: MSFT) raises “troubling questions.”

“Could Microsoft now attempt to exert the same sort of inappropriate and illegal influence over the Internet that it did with the PC?” Chief Legal Officer David Drummond asked in the post.

Microsoft General Counsel Brad Smith said the combination “of Microsoft and Yahoo will create a more competitive marketplace by establishing a compelling number two competitor for Internet search and online advertising. The alternative scenarios only lead to less competition on the Internet.”

Microsoft made its cash-and-stock offer for Yahoo on Jan. 31, and the move was widely seen as an effort by Microsoft to catch up to Google in the Web advertising market

The move comes as little surprise, as former CEO Dick Parsons acknowledged in September that Time Warner would at some point divest itself from the AOL access business, though he made no commitment to do so at the time.

On Bewkes’ first quarterly financial conference call Wednesday since taking his position as CEO on Jan. 1, he said Time Warner’s plans to split AOL’s businesses will help hasten the segment’s business-model transition from “a declining ISP subscription business to a growing Internet ad business.”

“This should significantly increase AOL’s strategic options for each of these main business sectors,” Bewkes said on a call to reveal Time Warner’s fourth-quarter 2007 earnings. He made a distinction between AOL’s for-fee Internet-access service and its ad-supported audience business, which includes AOL’s online services and content.

Bewkes did not give a specific timeline or other details for when and how the split will occur. AOL’s Internet-access business, which still provides for-fee service, continues to decline in subscribers even as Bewkes noted that Time Warner has reduced operating expenses at AOL by “well over a billion dollars.”

Still, even as AOL’s goal is to become a viable online advertising competitor against Google, Yahoo and Microsoft — the latter two of which may soon become a single and more formidable rival — advertising revenue for AOL has been growing less than the industry average for several quarters.

In the fourth quarter, ad revenue at AOL grew 18 percent, less than the current International Advertising Bureau’sindustry average of 25 percent. As a point of comparison, Google’s ad revenue grew 51 percent in its fiscal fourth quarter.

AOL’s ad revenue growth was below industry average for both its 2007 second and third quarters as well. It grew 13 percent in the third quarter, which ended Sept. 30, and 16 percent in the second quarter, which ended June 30. The industry average was around 26 percent for those time periods.

Time Warner’s financial results for the quarter overall met Wall Street expectations, but net income was down for the quarter. The company reported $1.03 billion, or $0.28 a share, for the fourth quarter, down from $1.75 billion, or $0.44, last year. However, the results for the fourth quarter of fiscal 2006 were bolstered by an income-tax benefit as well as income from the sale of AOL Internet access businesses in the U.K. and France.

Quarterly revenue rose 2.4 percent, from $12.34 billion in the year-ago quarter to $12.64 billion, reported Wednesday.

Bewkes on Wednesday also outlined other cost-cutting and strategic measures that Time Warner plans to take to make the business run more effectively. The company’s AOL business is not the only one that will be affected; the company also is considering reducing its investments in its Time Warner Cable business, he said.

Game retailer GameStop and tournament organizers Global Gaming League have formed the Big Air Gaming League (BAGL) to add in its stable of events in the Sports and Celebrity League Series. The BAGL season starts with the 2008 Honda Session snowboarding competition in Vail, Colorado from February 8-10, and will extend to events involving celebrities, snowboarderds, skaters and X-Game contestants. The contest will consist of three live public tournaments throughout the year in such popular titles as Guitar Hero III.

The winner of the BAGL Honda Competition will be presented with the Commissioners’ necklace along with being named the 2008 BAGL commissioner. Winners of the online competition will receive cash prizes, customized snowboards and a total of three trips for two to the 2009 Honda Session. Snowboarder TJ Schneider was the first athlete to agree to compete and will be serving as the inaugural BAGL Commissioner.

GGL Founder and Chairman Ted Owen said, “By creating the virtual season, GGL continues to bring traditional organized sports online and into the 21st century. The Big Air Gaming League is all about connecting the world’s largest community of gamers - of all levels and expertise - with the action sports stars and celebrities they love. We’re excited to take action sports online by creating a virtual competition for both the professional athletes and their fans to participate in.”

“As the number one retailer for videogamers nationwide, bringing GGL’s experience with online videogame competition and creating social networking for game players makes them a natural partner for us,” said GameStop director Joseph Heilner. “Teaming with GGL to create the Big Air Gaming League tournament further validates our commitment to bringing ‘Power to the Players’ while providing gamers with the opportunity to the best at what they love.”