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« Charter and telcos  
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morbo
Complete Your Transaction

join:2002-01-22
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clubs:
·Charter Pipeline
·AT&T Southwest

reply to r0gerr
Re: Yet more evidence...

said by r0gerr :

said by morbo See Profile :

said by nordoI :

Charter makes over 1 BILLION a year. The issue is the debt load, which Chapter 11 is helping them with. They make plenty of money.
if they are making plenty of money then they would be able to service their debt. hottboiinnc is right: they got too big, too fast. buying too many cable plants for too much money.

of course, bankruptcy will help them!
You just repeated what he said. lol

Charter does make plenty. They just have the debt load. After Chap11 I can see them coming out a lot better.
my point is that anyone can make money if you wipe out their outstanding debt. even someone with 100k in credit card loans and a million dollar mortgage with an average job can "make" money if you simply erase their debt. it's more important to look at what got them into that situation and avoid it in the future.
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Forums » Charter Posts Wider Quarterly Loss« Charter and telcos  


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