Reviews:
 ·Charter
| reply to odog
Re: 19 Billion.... with a B Still they have did good in the last 2 years, they shaved 1.5billion of it off.
I think what most people don't realize is that most of that debt is from purchasing of other cable outfits in the early/late 90s. Mind you approved by loan companies..
Yes its a big debt, but other communications companies have debts close to that and have been hanging on for a LONG time. |
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 jeffro
join:2007-04-20
Bay City, MI | Nothing would make me happier than to see Charter go bye-bye. Anything is better than them. If they got bought I'm hoping for comcast. That's the other provider in my area. |
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 HappyBunnyHi. Cram It.Premium
join:2001-06-23
Long Beach, CA
kudos:1 | Be careful what you wish for--if there is anything worse than Charter, it is Comcast. Since I am in the "lucrative LA system", I hope for Time Warner or Cox. |
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| reply to jeffro
Re: 19 Billion.... with a B charter is excellent in my area.
10mbit/1mbit and no bandwidth caps. no other options here come close.
if i were to loose charter to comcast i would be most unhappy!
and anyone else that took over would most likely lower speeds. |
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 odogCable Centric Vendor BiasedPremium,VIP
join:2001-08-05
Atlanta, GA
kudos:5
·Comcast
1 edit | reply to markopoleo
said by markopoleo:Still they have did good in the last 2 years, they shaved 1.5billion of it off. I think what most people don't realize is that most of that debt is from purchasing of other cable outfits in the early/late 90s. Mind you approved by loan companies.. Yes its a big debt, but other communications companies have debts close to that and have been hanging on for a LONG time. The debt was from purchasing other cable system at very high prices, Charter wanted to get big fast and they did that by buying anything they could get their hands on. The side effect was that they and Adelphia bought systems well above their true value which needed upgrades and other large capital expenditures. They also bought very remote non cluster'able systems with little ability to collapse hubsites and save on economies of scale. In the end the debt is from buying systems they probably shouldn't have bought in the first place! |
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| reply to zafasinating
said by zafasinating :
charter is excellent in my area.
10mbit/1mbit and no bandwidth caps. no other options here come close.
if i were to loose charter to comcast i would be most unhappy!
and anyone else that took over would most likely lower speeds.
Yep,
Been awesome for me too, for 8 years now! Whereas, Comcrap, right around the corner from me, but unavailable, sucks.
--
The Firefox alternative.
»www.mozilla.org/projects/seamonkey/ |
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 morboComplete Your Transaction
join:2002-01-22
00000 | reply to markopoleo
i think we realize that's where the debt is from. but it really doesn't matter. taking on too much debt as charter did is stupid. their stock has tanked over the past few years. |
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 TuPaK
join:2002-07-21
San Gabriel, CA | reply to jeffro
comcast? are you serious?!! /me slaps jeffro around a bit with a large trout |
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 Chris 313Come get somePremium
join:2004-07-18
Houma, LA
 ·AT&T U-Verse
 ·Comcast Digital ..
·Comcast
| reply to jeffro
said by jeffro:Nothing would make me happier than to see Charter go bye-bye. Anything is better than them. If they got bought I'm hoping for comcast. That's the other provider in my area. You're saying what I have been for a while. Comcast is the Borg of cable companies, they will assimilate every system in their until only TWC and Comcast remain. The rest of Charter will probably get sold off to mom and pop places. It'll surprise me if there's anything of Charter left after this potential sale. |
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| reply to HappyBunny
said by HappyBunny: Since I am in the "lucrative LA system", I hope for Time Warner or Cox. You've been wishing for 6 years now. Maybe time to wish for World peace or something .. |
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| reply to HappyBunny
I think they Mean Louisiana, beleive it or not we had a very high profit margin last year.
Los Angeles, the west is sucking right now
Who knows, no one will buy a company 19 bilion in debt. |
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