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kd6cae
P2p Shouldn't Be A Crime

join:2001-08-27
Palmdale, CA
Reviews:
·Vitelity VOIP
·AT&T U-Verse

why is Charter in so much debt?

Here in the Riverside Charter service area, the connection is rock solid, and is always up. Slow downs in the evenings are normal but nothing I can't accept. Until last summer though, in fact until exactly 1 year ago, Charter's best offering was just 3m/256k! I got DSL because I wanted better upstream, and as soon as Charter unvailed 10/1, I got it. Now I believe FIOS is available in parts of corona, but I don't think Charter competes with that, someone correct me if I'm wrong. I hope Charter offers even greater speeds and better customer service soon, as that's the only way they'll be able to get out of debt I'd think. Since they were the last too offer real high speed, that's probably why they're now in so much debt?


Varlik
Without Honor You Will Never Be Free
Premium
join:2002-01-06
Anderson, SC

2 edits

That debt was largely grown by buying up to many cable operations in the mid to late nineties. A lot of which happened to be in areas having low population density. Not being responsive in the early days to HSI customers speed needs didn't help either. Their debt isn't going anywhere anytime soon. The majority of what they managed to shave off of it came from selling off so call non-profitable franchises and markets. They've had several large volume sell offs. It's been a while since I've actually looked to see what their debt is at, a few years ago it was around 21 Billion.
--
"Sir SIR! We don't use DHCP servers. We only use IBM & Microsoft servers." From there my call to tech support went steadily downhill.

--Don't bother telling us that we're too loud. Cause there ain't no way that we'll ever turn down.


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