 Romney2012Defeat Obama 2012-Chg we can believe inPremium
join:2002-03-03
USA
kudos:4
3 edits | ABRY merge RCN in N.E. with Grande Communications Texas .... .... and Atlantic Broadband in several locations.
ABRY is a leveraged buyout specialist meaning they buy things with OPM. They currently own Grande Communications which provides internet access in parts of Texas.
RCN: New York, Boston, Chicago, Lehigh Valley, PA, Philadelphia and Washington, DC.
Grande Communications: portions of Austin, Corpus Christi, suburban northwest Dallas, Midland, Odessa, San Antonio, San Marcos and Waco.
Atlantic Broadband, an ABRY subsidiary, is the 15th largest cable operator in the United States. The privately held company is headquartered in Quincy, Massachusetts, with over 700 employees and 286,000 customers located in four operating regions: central Pennsylvania, Miami Beach, Maryland/Delaware, and Aiken, SC. Additional information is available at »www.atlanticbb.com.
They appear to be building a cable empire. Maybe they would like to buy parts of Qwest or some more cable companies for their internet properties.  |
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| sounds like WOW could be on the list of them buying or any other small cable company. But yah that would be WOW- they don't even service their home town anymore. What a joke!
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www.two-pugs.com www.twopugsbrand.com |
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iansltx
join:2007-02-19
Golden, CO
kudos:2 Reviews:
 ·Verizon Online DSL
 ·Comcast
| reply to Romney2012
Interesting...
I wouldn't think that there would be a merger though. Grande and Atlantic haven't merged. Seems like ABRY is just buying the cable systems and sitting on them...Grande has lowered prices for triple play deals but otherwise just sat there on the speed front for awhile now.
Then again, until recently they had no need to do anything more; 12/1 for $50 isn't great, but it's about in line with what the competitors are charging for similar service. |
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tvdrew
join:2008-08-20
Washington, DC | reply to hottboiinnc
They bought WOW in 1999 and sold it in 2006. |
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tvdrew
join:2008-08-20
Washington, DC Reviews:
·RCN CABLE
| reply to iansltx
Yeah, the model private equity firms usually use is buy, improve, sell, all within a few years. The investors who supply the equity want to get their money out and invest it again in something else.
In theory they could package up two separate systems and sell them together, but the efforts at integrating the two might not make that worth it. |
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iansltx
join:2007-02-19
Golden, CO
kudos:2 Reviews:
·Verizon Online DSL
·Comcast
| Yeah, RCN and Grande are totally different in terms of bandwidth blends and other structures. RCN is looking toward D3 whereas Grande has done nothing to that effect yet...
That said, ABRY could pull an Alltel and sell RCN to Comcast and Grande to TWC. I'm sure the respective carriers would love to have that competition out of the way. |
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 djdanskaRudie32Premium,MVM
join:2001-04-21
kudos:4
 ·Clear Wireless
·Time Warner Cable
·T-Mobile US
| Had them when i lived in the city. Took a few weeks to get internet working but once it was, it was awesome! Had a decent motorola box with killer guide software and TONS of hd channels. (Too bad i did not have a hd tv at the time, but having dolby digital output was awesome!)
Tech support was very good. I HATED how i had to pay them something like $2.00 to pay my bill online though. Was the only one to offer me 20 meg internet when comcast only went to 16 megs i think at the time.
If i could get them again, i might. I am tempted to get att uverse though but they wanted over 400 dollars for deposit. (Comcast and directv wanted none)
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The day the child realizes that all adults are imperfect, he becomes an adolescent; the day he forgives them, he becomes an adult. The day he forgives himself, he becomes wise.
Alden Nowlan |
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| reply to iansltx
You'd have to add a 3rd company in that mix if you want to pull an Alltel. Remember not all of the markets are going to VZW or ATT.
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