 RickPremium,MVM
join:2001-02-06
Waterbury, CT | reply to Sammer
Re: I wonder why said by Sammer:IMHO it's probably because the the Carlyle Group wants to sell off the rest of Insight for a fat profit. You might be right. I guess everyone has a price and based on recent cable co's deals like Adelphia to TW/Comcast, that price is pretty enticing right now.
But, companies like Insight also have a lot of opportunity for growth ahead to increase revenues as well. Not only is there a lot of homes they pass that they don't yet serve, but many people still don't subscribe to more than one service with them.
If they could do a better job selling to those who don't yet take their service where their lines pass the homes anyway..in addition to getting more people on triple play phone..cable..HSI packages..the price that companies are paying today might still be quite low.
I think if I was insight management, I'd first maximize that before considering selling the company as a whole.
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