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story category Cincinnati Bell Pondered Insight Buy
But didn't like the price...
(old news - 01:18PM Friday Jun 22 2007)
tags: competition · business · cable · telco
Insight broadband customers, or what will remain of them after the unbundling of the Comcast partnership, are currently being shopped around by The Carlyle Group. The Cincinnati Enquirer says that Cincinnati Bell was interested as a possible buyer, but they ultimately found the asking price a little too steep. Geographically speaking, Time Warner Cable would seem to be the best possible buyer but may also be turned off by the price tag.

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Forums » Cincinnati Bell Pondered Insight Buy
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Post a:
AJICQ499087

join:2001-12-01
Louisville, KY

Sell Insight At An Absolute Auction !

If Insight is too greedy, they might have no buyer.

Insight should just hire an auctioneer and be sold to the highest bidder at an absolute auction!
--
low cost and fast speed is what customers want in broadband
satellite68

join:2007-04-11
Louisville, KY

Re: Sell Insight At An Absolute Auction !

said by AJICQ499087 See Profile :

If Insight is too greedy, they might have no buyer.

Insight should just hire an auctioneer and be sold to the highest bidder at an absolute auction!
Um, why is this good?
AJICQ499087

join:2001-12-01
Louisville, KY

Re: Sell Insight At An Absolute Auction !

Insight would find out what the market price is for the company by selling by absolute auction.
--
low cost and fast speed is what customers want in broadband
satellite68

join:2007-04-11
Louisville, KY

Re: Sell Insight At An Absolute Auction !

said by AJICQ499087 See Profile :

Insight would find out what the market price is for the company by selling by absolute auction.
no, why is Insight being sold off a good thing?
AJICQ499087

join:2001-12-01
Louisville, KY


1 edit

Re: Sell Insight At An Absolute Auction !

said by satellite68 See Profile :

said by AJICQ499087 See Profile :

Insight would find out what the market price is for the company by selling by absolute auction.
no, why is Insight being sold off a good thing?
Well, I believe the reason Insight decided to get us very good service this year, after many years of lousy service, is because they wanted to fix the problems with the service so it can be sold for a profit.

I believe it's obvious Insight doesn't want to be in this business.
If Insight doesn't sell out, I'm afraid Insight might go back to giving us lousy service.
--
low cost and fast speed is what customers want in broadband
satellite68

join:2007-04-11
Louisville, KY

Re: Sell Insight At An Absolute Auction !

speak for yourself! the service here has been rock solid for years. and how does upping the speed tiers (at a significant cost to Insight) make them a more profitable sale to someone else?

-more debt
-more monthly incurred expenses

and they did all this without raising rates? your logic is...refutable.
rjbasye

join:2000-05-24
Dry Ridge, KY
Cincinnati Bell has too much debt to acquire Insight. I'm in there phone service area and they still can't provide ADSL as I'm 4miles from the CO. They are lagging behind in speeds and service. If their offer was accepted, service would deteriorate
AJICQ499087

join:2001-12-01
Louisville, KY

Re: Sell Insight At An Absolute Auction !

I noticed from »www.multichannel.com/article/CA6454823.html
"...Insight is in the middle stages of an auction for its 639,000 subscribers in Kentucky (Louisville, Lexington, Bowling Green and Covington), Evansville, Ind., and Columbus, Ohio, according to cable-industry executives.

The bidding process is confidential, so executives at companies involved cannot comment on it publicly. According to cable executives familiar with the auction, though, the deadline for parties that placed initial bids to be told if they made the second round of bidding was earlier this month..."
--
low cost and fast speed is what customers want in broadband

Matt_31
Who Hit The Power Button
Premium
join:2003-02-21
Jasper, IN
clubs:
·Vonage
·Insight Communicat..

Teenage relationship

This whole insight thing to me reminds of my teenage years in relationships. It had good and bad days I wanted to break up and end it (cause of problems) then something happened (Michael Willner got some people to actually look and work on the problem and actually fixed it) then things have been going good. However now its like going off to college time feeling is coming and you know its going to happen its going to be over ..

sure the new company COULD offer new and better things or it could be worse .. but in my case im actually happy now.
--
Intel E6600 2.4, 2gigs Ram, 2 - 150GB Raptor's HD's, Nvidia 8800GTS 320MB, Vista Home Premium

Karl Bode
News Guy
join:2000-03-02

Host:
Road Runner
PC gaming GAMES
PC gaming Tech

Re: Teenage relationship

quote:
This whole insight thing to me reminds of my teenage years in relationships. It had good and bad days I wanted to break up and end it (cause of problems) then something happened then things have been going good.
OT, but relationships don't change much from that description.
pepperxn

join:2001-02-21

comcast

yeah, after companies are turned off by the price tag, comcast will come along and buy the remaining insight.
GLIMMER

join:2004-01-17
Urbana, IL

Re: comcast

comcast can't buy what is left because the fcc will not let them I am sure TWC will end up with the systems in KY and southern IN in the future it fits there foot print not comcasts

insomniac84

join:2002-01-03
Schererville, IN

Bell?

I didn't know there were any bells left. My guess is AT&T will merge them back in, and then buy Insight.

TransitMan
Premium,MVM
join:2000-09-05
Dayton, OH
clubs:
·RoadRunner Cable
·Time Warner VOIP
·Earthlink TrueVoice

Re: Bell?

Cincinnati Bell was there before the ATT breakup and will be around long after the Death Star is back together and finally trying to ruin everything it touchs.

Cincinnati Bell was never a part of the original "Baby Bells", it was always an independant.
--
PROUD TO BE THE DIRECTOR OF THE CRUNCHENSTEIN ASSOCIATION AND THE HOST OF CRUNCHENSTEIN #2
acrowl

join:2001-08-08
California, KY

Re: Bell?

Cincinnati Bell was partly owned by AT&T back prior to devesiture. Granted, it was a fairly minor amount of ownership. The companies always played nice with each other. Including the joint venture of the original Cincinnati Bell Wireless.

Cincinnati Bell is just trying to show that they are still relevant. Most of their revenue is from wireless, IT Outsourcing services, and high speed internet these days.

An acquisition of Insight might have given them the guts to give Time Warner some competition. They have absolutely NO love for Time Warner.

hottboiinnc
ME

join:2003-10-15
Cleveland, OH

Re: Bell?

Cinci already bought a cable network that was a Muni that competed with TWC. I'm not sure of the city that it happened in but the residents approved the sell back in November.

batterup
I Can Not Tell A Lie.
Premium
join:2003-02-06
Netcong, NJ
clubs:
·Verizon Online DSL

The Carlyle Group

Money changers that love and make money. They buy the whole because the parts are worth more.
»www.carlyle.com/eng/index.html
This is what you want isn't it? Greed is good, greed works.
Forums » Cincinnati Bell Pondered Insight Buy


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