| Charter shouldn't look for gov't bailout either Unlike banks and auto companies, I don't see the Gov't bailing Charter out of its mess either. If the creditors force Charter thru a messy full court case bankruptcy instead of the pre-approved kind, look for Charter to go on the block. And if Comcast wins its case against the FCC in the Appeals Court that limit them to 30% of the cable TV market, you might see Comcast getting a nice chunk of Charter franchises.
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 AMDUSERPremium
join:2003-05-28
Earth
kudos:1
 ·RoadRunner Cable
1 edit | said by fAcEtIOUs:".. If the creditors force Charter thru a messy full court case bankruptcy instead of the pre-approved kind, look for Charter to go on the block. .." That would not be too surprising, if that happened it may end up at Chapter 7 bankruptcy. Time Warner Cable I'm sure is also intrested in some of Charters systems as well (eg. Long Beach,CA. with about 500,000 customers. ) |
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 morboComplete Your Transaction
join:2002-01-22
00000 | the only way to get worse is to have the "cap-happy" Time Warner take over Charter's systems.
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| TWC will only take them if Charter has "key" markets. Most of Charter's markets are rural.
Comcast would be interested in some as well.
Would be a great time for ATT to expand cheap and fast. |
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