said by morbo
: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.