Pizz
Hi
join:2000-10-27
Astoria, NY | I hope this helps them.
They need to clean house, clear out useless salaries/perks etc.. And focus to delivering customers with the possible services they can provide.
--
Would you ever allow me to study the phislophy of your spirit.Masiela Luasha> |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH | And maybe end up selling out in the end.
Adelphia said the same thing that it wouldn't affect customers but in the end the court can only do so much. |
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Apophis
Jaffa Kree
Premium
join:2001-12-27
Holmen, WI
clubs: 
| Fiber Customers?
As a fiber customer in wisconsin, Im now concerned that when Charter decides to file bankruptcy against the people they owe money too, that they wont up and decide to just cut their network connection from the major backbones of the internet.
I know this sounds major but if someone file bankruptcy against me and I had control of their network, I cut the fiber connections in a heart beat.
Why should the people who did work for Charter and not got paid be screwed? |
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Qixotl
join:2002-02-08
New Milford, CT
1 edit | Hmm, cash on hand?
quote:
Company has $800 Million in Cash and Cash Equivalents
If they really do have $800 million in cash right now, I can now somewhat understand how they are affording to turn on SDV on my area's system in the coming days. Still, that cash will run out very fast if they want to keep up with the Joneses unless they find a way to reduce their costs substantially. |
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tthnow
join:2006-06-07
Oakland, CA | Damn I really like Charters internet service. Does this mean we still be having caps? |
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megarock
join:2001-06-28
Saint Louis, MO
 ·Charter Pipeline
| file already!
It's about time they got it over with. And of course this filing chooses the same path a lot of others have chosen to get out of the red. Remember MCI/Worldcomm? Virtually every airline?
Here in St. Louis Charter bought up a cable system that was originally built by contractors the city brought in. City ran it for several years, sold it to AT & T who mutilated it and sold it to Charter who bought a seriously crappy cable TV company. Service has greatly improved from those days but over the past few - ever since they outsourced tech support - service became very flaky and tech support became useless.
If they want to save the company this is a good step. Next they need to hire REAL tech support. We have plenty of laid off people who could do that job with our eyes closed right here in St. Louis. Come get us! Half the trouble calls they end up sending techs out for could be eliminated if you had tech support that was actually able to walk someone through a few simple steps.
In the end filing will help Charter reduce it's debt load. But will it help them create a better company? Or will they sell off to some creeps like Con...err Comcast?
The crystal ball does not tell me this. |
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Jazzemt
join:2009-02-12
Granite City, IL
| reply to Apophis
Re: Fiber Customers?
You cannot just cut the fiber if they file chapter 11. They are protected from retaliation from the debtors. More than likely the debtors are loans and bonds not the providers of the backbones. Most providers will not let someone go that far in arrears before disconnection. |
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BF69
join:2004-07-28
Camden, TN | 5.5 million customers?
A year ago it was closer to 7 million. Wonder how much further it will fall with these new caps. |
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hdman
Flt Rider
Premium
join:2003-11-25
Appleton, WI
 ·Alltel Axess
 ·AT&T Midwest
 ·WildBlue
| Goodbye Charter!!
Charter,
you never gave me a chance to be a customer. You ran cables just short of me and all of my neighbors. To get that far, you had to run cable past empty fields. Then you STOPPED....servicing nobody!
I sure hope the next guys who buy your local network understand the concept of SELLING service to pay for build-outs, instead of useless build-outs to ZERO customers.
I truly believe that in this case, you got what you deserved.
--
The proper way to break in a Harley: Grab a fist full of throttle, and ride it like you stole it!!! |
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soothsayer15
join:2002-03-01
Irving, TX
| An example for all businesses
This is an example of what bad management at the top can cause. They were one of the last cable companies to start upgrading their network. But hey, they got their profit for those quarters. Trying to squeeze every penny out of the old network before they were forced to upgrade. At least AT&T has wireless to offset their slowrolling.
I think Suddenlink isn't too far behind Charter. |
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Skippy25
join:2000-09-13
Hazelwood, MO | Charter hasnt been profitable since they went public back in 98 I think.
Not that I am defending them in anyway, just pointing out the facts. |
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xyz
@cgocable.net | how can these corporations continue to operate and build up billions in debt, and still for years operate as if they were profitable |
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DSL_Steve
Premium
join:2003-11-28
Woodbury, CT | reply to Skippy25
...and you can bet the CEOs already took their bonuses. |
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zed260
join:2007-09-30
Cleveland, TN | yep they did but if they dont stay with company they lose it |
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rick4769
@rr.com | Let them go!
I hope they go out of business since they couldn't run their operation efficently. Don't want to see the federal government bail them out along with the banks, car companies and mortgage brokers. |
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exocet_cm
In memory of dadkins
Premium
join:2003-03-23
New Orleans, LA
clubs:  | Negative
""We are committed to continuing to provide our 5.5 million customers with quality cable, Internet and phone service..."
Quality? That is WAY overstating it... |
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ShadowMastr
Master Of All Shadows
join:2001-09-01
Fort Pierce, FL
·AT&T Southeast
·Comcast
·CenturyLink
| More consolidation on the way
Guess that means someone else will have to buy those customers, and try to service them better?? Giving us 1 less choice, and reducing competition.
Oh, and since no one else said anything about it, guess I'll bring it up. In the headline it says "Will reduce $23 billion in debt down to $8 billion" and the article states: "reducing the company's $23 billion debt load by around $8 billion."
Which is it? A little difference there.....
--
Follow Your Bliss -- Joseph Cambell
I reject your Reality and substitute my own! -- Adam Savage, Mythbuster |
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zed260
join:2007-09-30
Cleveland, TN
·Charter Pipeline
1 edit | its the second
and as far as competation goes it wont efect it one bit since most areas only have one cable company and if lets say comcast buys out all of charter there not any area where comcast and charter competes head to head so practicly no effect there |
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SSKYE
@homestore.com | Good Ridance
I can't stand this company. I am bound to their services and they make me want to pull my hair out. who honestly wants to pay 59.99 a month for 768K download? |
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jsz0
join:2008-01-23
Jewett City, CT | reply to Qixotl
Re: Hmm, cash on hand?
SDV is relatively cheap compared to the other alternatives to add capacity. |
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