acadiel
Keep trying - don't give up
Premium
join:2002-06-22
Bloomington, IL
 ·Comcast
 ·DSL EXTREME
3 edits | reply to tv
Re: Comcast buying Insight Soon?
A news article from earlier:
»www.multichannel.com/index.asp?l···A6374493
Here's some documents from last year about Comcast and Insight. Some interesting stuff in this report...
»www.secinfo.com/d11MXs.v1w2y.htm#1stPage
We were formed in September 1999 to serve as the holding company and a financing vehicle for Insight Communications Company, Inc.’s (“Insight Inc.”) cable television system joint venture with AT&T Broadband, LLC (now known as Comcast Cable Holdings, LLC (“Comcast Cable”)). We are owned 50% by Insight Communications Company, L.P. (“Insight LP”), which is wholly owned by Insight Inc., and 50% by an indirect subsidiary of Comcast Cable. Insight LP serves as our general partner and manages and operates our systems.
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
... However, there may be events in the future that we are not able to accurately predict or over which we have no control. ... Examples of these risks include:
· All of the services offered by our company face a wide range of competition that could adversely affect our future results of operations;
· We have substantial debt and have significant interest payment requirements, which may adversely affect our ability to obtain financing in the future to finance our operations and our ability to react to changes in our business;
· There is uncertainty surrounding our potential dissolution, the process for which may be triggered by either of our partners;
· The terms of Insight Midwest Holdings’ credit facility may limit our ability to access the cash flow of our subsidiaries;
· Our programming costs are substantial, and they are expected to increase; and
· General business conditions, economic uncertainty or slowdown, and the effects of governmental regulation could adversely affect our future results of operations.
We do not undertake any obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date that this report is filed with the SEC or to reflect the occurrence of unanticipated events, except as required by law. |
