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Forums » Charter Lenders Balking At Restructuring Plan » Charter shouldn't look for gov't bailout either
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« Um where does this debt come from  
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TKJunkMail
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 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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AMDUSER
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1 edit
said by TKJunkMail See Profile :

".. 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. )


morbo
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the only way to get worse is to have the "cap-happy" Time Warner take over Charter's systems.


hottboiinnc
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join:2003-10-15
Cleveland, OH
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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« Um where does this debt come from  


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