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WOW, Wave Buy Broadstripe Customers
Washington, Oregon, and Michigan Assets Divvied Up
by Karl Bode 04:10PM Wednesday Aug 24 2011
Roughly two and a half years after filing for Chapter 11 and insisting they'd emerge as a "stronger, more competitive company with the resources to continue to provide our customers with best-in-class products and services," Broadstripe has been chopped up and sold. The company (see our user reviews) has been divvied up between WideOpenWest and Wave Broadband. According to Multichannel News, Wave has agreed to pay $32 million for Broadstripe's networks in Washington and Oregon, which service 60,000 connected customers and pass 103,000 customers. WOW will be paying roughly $55 million for Broadstripe assets in Michigan with about 48,000 current customers and 92,000 homes passed. The remainder of Broadstripe's assets are in Maryland, and are being acquired for $8 million by a newly-formed company named Ann Arundel Broadband (in part run by former Broadstripe executives).

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Starpower

@rcn.com

Rcn

Rcn should have picked up subs in AA county Maryland to fit into their DC cluster
Os

join:2011-01-26
US
Reviews:
·Comcast

Re: Rcn

RCN wouldn't have made much sense. The Broadstripe territory is much closer to Baltimore. It's based around Millersville and Severna Park. It's surrounded by Comcast, and is the only immediate portion of the Baltimore area that isn't served by Comcast.
iansltx

join:2007-02-19
Austin, TX
kudos:2
Reviews:
·Time Warner Cable
·Verizon Online DSL

Cheap!

$500 or so per customer in WA and OR, $1145 per customer in MI. That's per customer, not per home passed. Wave Broadband and WOW are getting the networks for less than what it would cost them to build out the plant themselves (when you look at homes passed), and the take rate (a little less than 60%) is quite good as well.

Too bad WOW doesn't offer DOCSIS 3 in an of their footprint AFAIK. They top out at 15/2. Wave has a 50/5 tier though, albeit capped...though 300GB is better than 250GB.
hottboiinnc
ME

join:2003-10-15
Cleveland, OH

Re: Cheap!

WOW will have to upgrade now to keep their markets in line and has the choice of removing the cap or pushing it across their footprint. We shall see about that one.
talz13

join:2006-03-15
Avon, OH

Re: Cheap!

I keep checking back on the wow forum and it sounds like d3 is on the way, you but no tiers or dates yet...
hottboiinnc
ME

join:2003-10-15
Cleveland, OH

Re: Cheap!

WOW has been saying that since the whole analog STB. but nobody says anything. Kirk the GM/VP of the Cleveland System says no release date yet. if you want I can PM you his contact info. i don't see WOW releasing anything anymore this year on HSI.
hottboiinnc
ME

join:2003-10-15
Cleveland, OH

Ann Arundel Broadband

is a nice way of saying they still kept that area. The same as the Adelphia brand in PA and what TWC/Comcast did/does with some of the markets they didn't want after the buy out of them- Windjammer. A no name company over night.

And wasn't this company Millennium Cable at some point? They're cable modem was actually ISP based by Voyager in Michigan (at least there) before Voyager was bought out by CoreComm an the service went to shit.

Ex

@comcast.net

Re: Ann Arundel Broadband

Broadstripe is the company formerly known as Millennium Digital Media.