Knology is Looking For a Buyer
Shopping Itself Around to ISPs, Equity Firms
In August of 2010 we noted how
cable operator Knology (see our user reviews
) acquired Sunflower broadband, a small Kansas ISP that came to national "fame" by being one of the first
ISPs to impose the low cap and high overage billing model here in the States. Now Knology is looking to sell itself. Anonymous sources tell the Wall Street Journal
that the company is shopping itself around to potential buyers -- including private-equity firms. Knology, headquartered in West Point, Georgia, serves just under 800,000 residential TV and broadband subscribers. The report also notes that Wave Broadband is also still looking for a buyer.
Re: Well this sucks
said by bdnhsv:You're probably right. Guess we'll find out if and when they are bought.
I wouldn't imagine your actual service would change much (unless you got some additional tv channels maybe). The pricing could change depending on who the buyer might be. Chances are it won't sell at all. Here's an interesting link I found - I wonder what the deal is with the indemnification clauses:
Living in Lawrence... I live in Lawrence, KS, where the once Suflower, now Knology, earned its claim to fame. This company should go cheap, since AT&T U-Verse is now widely deployed in Sunflower's former footprint and Knology hasn't seen fit to change the pricing structure put into place by Sunflower. I don't know of anyone who had Knology who hasn't switched to U-Verse, Dish, or DirectTV. Knology is getting beaten to hell and they're not even trying to fight back with better pricing, package offerings, or quality.