I thought Comcast was buying them.. in http://www.dslreports.com/forum/r21690459 en Thu, 10 Dec 2009 02:04:59 EDT Thu, 10 Dec 2009 02:04:59 EDT Re: I thought Comcast was buying them.. http://www.dslreports.com/forum/remark,21692098 anon : comcast was going to buy the MD properties but the deal fell thru. rcn looked at the MD properties as well since it fit with their DC area system. this is a sign that life of overbuilders are over. RCN, WOW, Wave, Knogody,Astound are next to go under.

said by iansltx See Profile :

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?
]]> http://www.dslreports.com/forum/remark,21692098 Tue, 06 Jan 2009 18:13:10 EDT Re: I thought Comcast was buying them.. http://www.dslreports.com/forum/remark,21690847 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?]]> http://www.dslreports.com/forum/remark,21690847 Tue, 06 Jan 2009 14:43:40 EDT I thought Comcast was buying them.. http://www.dslreports.com/forum/remark,21690459 Smile__ : I run into a few of there customers here and there. They are in the Anne Arundel County Area in Maryland. That's why they were downsizing and cutting things back in the 4th Qtr.]]> http://www.dslreports.com/forum/remark,21690459 Tue, 06 Jan 2009 13:31:28 EDT