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story category Insight Mum On Sale
But it's believed to be coming...
(old news - 02:30PM Friday Aug 17 2007)
tags: business · cable · RoadRunner Cable · Insight Communications
Time Warner Cable recently confirmed they were interested in acquiring Insight Communications (see reviews) -- at least what will be left of Insight after 684,000 Insight customers get transferred to Comcast at the end of this year.

In a conference call with analysts and investors to discuss company earnings ,(pdf) CEO Michael Willner, who has frequently made himself easily accessible to users in our forums, couldn't (probably can't, legally) offer additional detail about the possible sale:
"We are currently in the process of reviewing certain strategic alternatives for the company, which include a number of different options for us. That review is not complete yet and we deem it inappropriate to comment further at this time."
It's believed that Insight would be willing to let go of their remaining 639,000 customers (plus the 18,900 added this last quarter) for around $3 billion. Time Warner Cable was also mentioned this week as a possible buyer for Charter Communications.

Related:
  1. Customer Battles Time Warner Overages
  2. Time Warner Cable Plans Mobile WiMax Launch
  3. Time Warner Cable GETS MORE EXTREME!!!
  4. Time Warner Cable (Finally) Launches DOCSIS 3.0
  5. Insider: Time Warner DOCSIS 3.0 Hits Upstate NY Soon
  6. Insight To Launch 30 Mbps Service
  7. Time Warner Cable Security Flaw Exposes 65,000
  8. Hackable Time Warner Cable Modems Still Hackable?
Forums » Insight Mum On Sale
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Post a:
Hilbe

join:2002-12-13

Ohio

What about us Ohio (Columbus) Insight Customers? We getting sold too?

ninjatutle
Premium

join:2006-01-02
San Ramon, CA

Re: Ohio

No, you're just being pimped.

juicelee
Premium
join:2000-12-04
Hacienda Heights, CA
clubs:

Re: Ohio

LOL

RIRWIN1983

join:2005-08-30
Columbus, OH
Correction: We're Insight's Whores. To be served up to the highest paying john that wants us.
Xsk8er

join:2001-01-02
Columbus, OH
If time warner obtains any of Insight's assets Columbus OH would be one of the areas, Insight already has a partnership with Road Runner for bandwidth/branding here in Columbus.

ARGONAUT
got ping?

join:2006-01-24
New Albany, IN

mo-money

The customers will pay more in the end.
AJICQ499087

join:2001-12-01
Louisville, KY

Re: mo-money

As a customer of Insight, I feel like a pawn being used as cannon fodder with no say in my broadband future.
--
low cost and fast speed is what customers want in broadband
Forums » Insight Mum On Sale


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