said by iansltx
:Hmm, 373.5 million in debt. over 93,000 customers...betcha that debt per customer is much higher than that of Charter, wouldn't ya think? Don't think they'd be able to roll out DOCSIS 3 with those numbers...
That's a debt of $3931 or so per customer. With an ARPU of $100 per month (just pulling it out of the air) it's 40 months of REVENUE, with no operating costs or profit, to pay that off. Ridiculous...don't think this company can get out of the hole they're in, but that's just me.
I'd bet Comcast would buy them up. Their network is likely decent. Estimated buyout costs, including debt? Maybe 1/2 their debt, plus taking on the total debt. $500 million in all?