baineschile
2600
Premium
join:2008-05-10
Sterling Heights, MI | Yet more evidence...
That servicing country/rural areas is not profitable for broadband and TV. Too much wiring, for too few consumers. |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH
 ·Time Warner Cable
·buckeye cable
| I wouldn't count all of their areas country or rural by far. St. Louis by far is not country or even rural. Charter got too big too fast and the only way they are the size they are is by picking up areas from other companies they didn't want.
But yet TWC services LOTS of rural areas in Ohio and i don't see them having any problems. Charter just has issues with spending too much money and not making anything. |
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nordoI
@chartermi.net
| said by hottboiinnc  : Charter just has issues with spending too much money and not making anything. Charter makes over 1 BILLION a year. The issue is the debt load, which Chapter 11 is helping them with. They make plenty of money. |
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TwoCpus4me
join:2003-10-16 | Where's the Board of Directors?
They must be ok with the company direction or they would toss the CEO and charter a new path  |
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NetAdmin
CCNA
join:2008-05-22
| reply to baineschile
Re: Yet more evidence...
It is proof that a company saddled with mountains of debt, poor management and poor customer service is a company that isn't long for this world. That was the problem that Charter has. It has nothing to due with them serving rural areas because they service some lucrative suburban/rural areas that, if they had decent management, would make them a very profitable company.
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"This is a bus. You know how big a bus is?" |
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zed260
join:2007-09-30
Cleveland, TN | reply to TwoCpus4me
Re: Where's the Board of Directors?
all voting share is controlled by paul allan he is the one who has to vote to aprrovel the voluntary chapter 11 bankruptcy |
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morbo
Complete Your Transaction
join:2002-01-22
00000
clubs:
·Charter Pipeline
 ·AT&T Southwest
| reply to nordoI
Re: Yet more evidence...
said by nordoI :
Charter makes over 1 BILLION a year. The issue is the debt load, which Chapter 11 is helping them with. They make plenty of money.
if they are making plenty of money then they would be able to service their debt. hottboiinnc is right: they got too big, too fast. buying too many cable plants for too much money.
of course, bankruptcy will help them! |
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gopnick
join:2005-01-07
Benton, AR
·Charter Pipeline
·AT&T DSL Service
| Mismanagement
They need to discount their rates to get their service sold in my area. It's about $75 a month for 20 meg service in my market. That's a lot higher than $15 DSL from AT&T - and most folks don't know the difference. I do, of course, but I'm the kinda guy who hangs out on DSLR.
Charter is a terribly mismanaged company in nearly every single way. |
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me1212
join:2008-11-20
Pleasant Hill, MO | reply to baineschile
Re: Yet more evidence...
1. One word: wireless. 2. just put internet then, or DSL may cost less. If done correctly rural areas can be profitable if they were not there would be no WISPs. |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH | very true!. |
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me1212
join:2008-11-20
Pleasant Hill, MO
 ·VOIPo
| Yup, you only have so much wire, but repeaters can be used(to an extent) to boost the ranger of wireless. It makes it easier to serve rural areas, it can put out the same speeds as DSL and cable verizon is even working on(or so I hear) 60m wireless. With a 5gb cap you can not do much, but when they get it out they most likely will up the cap. |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH | VZ maybe working on it but ATT already has Wireless in AK. it makes more sense. |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH
·Time Warner Cable
·buckeye cable
| reply to gopnick
Re: Mismanagement
no way in hell is any company going to sell 20meg internet connection for $15- except maybe Windstream. Also i bet Charter has more customers than what you think in your area. Especially those people that can't DSL due to ATT will NOT extend to those areas, and will never see anything except cable for a very long time. |
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BF69
join:2004-07-28
Camden, TN
| reply to baineschile
Re: Yet more evidence...
said by baineschile :That servicing country/rural areas is not profitable for broadband and TV. Too much wiring, for too few consumers. That's not why Charter is $20 billion in debt. Try getting some facts first. |
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me1212
join:2008-11-20
Pleasant Hill, MO | reply to hottboiinnc
What kinda speed? |
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BF69
join:2004-07-28
Camden, TN
| reply to me1212
said by me1212 :Yup, you only have so much wire, but repeaters can be used(to an extent) to boost the ranger of wireless. It makes it easier to serve rural areas, it can put out the same speeds as DSL and cable verizon is even working on(or so I hear) 60m wireless. With a 5gb cap you can not do much, but when they get it out they most likely will up the cap. yeah to what 10 GB maybe 15 GB? Cap or not cap, how do you justify Verzion charging $256 per GB overage? |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH | reply to me1212
»www.attalascom.com/home/internet···eed.html |
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rochkatzman
join:2009-03-16
Rochester, NY
·FrontierNet Intern..
| Are Telephone companies more stable than Cable?
I just signed up with Frontier (in Rochester, NY) and made sure to check out their financials beforehand after hearing about Charter (which is not available in my area). Frontier seems really stable and they're still paying their $1 dividend every year. I'm seriously thinking of buying their stock as it amounts to a 20% return annually with the dividend! For some reason or another, it seems the telephone companies seem more stable (financially) than the cable companies. |
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BF69
join:2004-07-28
Camden, TN
| reply to gopnick
Re: Mismanagement
said by gopnick :They need to discount their rates to get their service sold in my area. It's about $75 a month for 20 meg service in my market. That's a lot higher than $15 DSL from AT&T - and most folks don't know the difference. I do, of course, but I'm the kinda guy who hangs out on DSLR. Charter is a terribly mismanaged company in nearly every single way. $15 DSL is 768 kbps Charter 20 Mbps is 27X faster for only 5X the cost. hell my upload is nearly 3X faster than the download on the $15 DSL. |
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gopnick
join:2005-01-07
Benton, AR
·Charter Pipeline
·AT&T DSL Service
2 edits | reply to hottboiinnc
said by hottboiinnc :no way in hell is any company going to sell 20meg internet connection for $15- except maybe Windstream. Also i bet Charter has more customers than what you think in your area. Especially those people that can't DSL due to ATT will NOT extend to those areas, and will never see anything except cable for a very long time. Sorry, I should have been more specific. I don't think they need to be at $15 to be competitive. Just be competitive with AT&T's top tiers... around $50. Normal people just aren't willing to pay $75-100 a month for Internet access.
They also have a major advertising problem down here... I'm a techie, and I didn't know they'd finally come to town this fall until a few weeks ago. AT&T spent a lot of money upgrading their system for uverse and whatnot... their DSL reach is also much longer now. A lot more people are served in my community with DSL than with cable Internet... I understand that probably isn't the case in most places. |
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