AT&T announces agreement with Jones Intercable to lease fiber route for service in Chicago suburbs.

CHICAGO--(BUSINESS WIRE)--Aug. 14, 1996--AT&T said today that it has signed an agreement with Jones Intercable, Inc., calling for Jones to install nearly 50 route miles of fiber optic cable in several Chicago suburbs that AT&T then will lease and use to provide local and long-distance service to customers.

AT&T said the agreement with Jones is part of the larger announcement, made July 23, in which AT&T said it would create 350 route miles of high-capacity, fiber- optic facilities in the Chicago metropolitan area over the next two years. AT&T said today's announcement supports its strategy of working with a variety of companies to enable it to provide local service and give customers in monopoly markets a choice of carriers.

"We are pleased to be working with Jones Intercable on this project as part of our overall business plan to provide a full range of telecommunications services to AT&T customers in the Chicago area," said William L. West, AT&T local infrastructure and access management vice president. "We've said all along that we would use every means possible to serve our customers."

West said Jones will use AT&T's performance specifications in building and maintaining the fiber facilities.

"We are extremely pleased to partner with one of the world's most respected telecommunications companies," said Glenn R. Jones, Jones Intercable CEO. "I see this agreement as more than just the beginning of an important business relationship between our two companies. I believe it marks a new milestone on the road toward true competition in local telephone service and the ultimate convergence of information technologies."

AT&T is one of the world's leading communications and information services companies. It offers business customers and consumers a full range of communications services, including wireless voice and data connectivity; easy access to the information, entertainment and electronic commerce offered on the Internet, and global communications services for multinational companies and travelers. At the heart of the company is the Worldwide Intelligent Network, carrying more than 200 million voice, data, video and facsimile messages every business day.

Jones Intercable, Inc. is the eighth largest cable television company in the United States, serving about 1.5 million customers in 20 states, including Illinois. In addition, Jones has a strategic partnership with Bell Canada International (BCI), a wholly-owned subsidiary of BCE, Inc., Canada's largest telecommunications company. BCI is BCE's primary vehicle for investment in non- Canadian network operations, with significant investments in wireline, wireless and cable television networks in the United Kingdom, United States, Colombia, Brazil, India and China.

CONTACT: Mike Pruyn, AT&T

312-230-4894,

1-800-965-9429, pager

[e-mail]

or

Jim Carlson, Jones Intercable, Inc.

303-792-3111, office