Last week, Excite pulled the plug on 850,000 AT&T customers using its infrastructure to access the internet.
Excite's future has hung in the balance over the last few days, as it awaited confirmation that AT&T would not raise its bid to the £706m creditors had been demanding. It has been operating under Chapter 11 bankruptcy protection since being declared bankrupt on October 1.
Yesterday, it confirmed that its cable partners, including Cox Communications and Comcast, were making other arrangements to maintain their high-speed internet networks.
The two have signed an agreement to provide £249.5m to tide Excite@Home over for the next three months while the new infrastructure is being built. Cox and Comcast will be paying £112.5m each as part of the deal.
Two years ago, search engine Excite merged with @Home in a £4.7bn deal, the largest merger of two internet companies.
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