Skip to main content
Investors

News Release

Charter Communications and HSA Close on Purchase Agreement

ST. LOUIS--(BUSINESS WIRE)--Feb. 28, 2002--Charter Communications, Inc. (Nasdaq: CHTR) closed today on the previously announced purchase of the assets of High Speed Access Corp. (Nasdaq: HSAC) used by HSA to serve Charter's high-speed data customers, which constituted substantially all of HSA's assets.

"The purchase is a key step in delivering Charter's broadband objective of continued growth in high-speed data," said Dave Barford, Charter Executive Vice President and Chief Operating Officer. "Purchasing the HSA assets provides us with Internet service resources dedicated exclusively to our customers."

About Charter Communications

With nearly 7 million customers in 40 states, Charter Communications, a Wired World Company(TM), is among the nation's largest broadband communications companies. Charter provides a full range of advanced broadband services to the home, including cable television on an advanced digital video programming platform, marketed under the Charter Digital Cable(TM) brand; and high-speed Internet access marketed under the Charter Pipeline(TM) brand. Commercial high-speed data, video and Internet solutions are provided under the Charter Business Networks(TM) brand. Advertising sales and production services are sold under the Charter Media(TM) brand.

Statements in this press release regarding Charter Communications' business that are not historical facts may be "forward-looking statements." Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Important factors that could cause actual results to differ materially from any such forward-looking statements are identified in the reports and documents Charter files from time to time with the U.S. Securities and Exchange Commission.

--30--tlm/na*

CONTACT: Charter Communications, Inc., St. Louis
Media:
Andy Morgan, 314/543-2217
or
Analysts:
Colleen Hegarty, 314/543-5619