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Who is this Cable Guy?

Book

Dish Network Retailer
Joined
May 19, 1999
Messages
2,654
I just found out my local cable company got bought out for $5000.00 per sub! Supposedly the purchasing cable company is headed by a guy who co-founded Microsoft with Bill Gates? It doesn't break my heart because the only way for him to recoop his investment is to raise rates, but I am curious what he is up to. Supposedly he's on a buying spree of many cable companies. Anyone know anything about this guy and what his plans are?
 

laser1

Well-known member
Joined
Jan 16, 1999
Messages
454
Book, you must have Bresnan Comm. in your area. They were recently (Tuesday) bought out by Charter Comm. (I think that's the right name) It is owned by the guy you were making reference too. It was a $3 billion deal. Charter is #4 in the nation and Bresnan was #7. Charter has a strong focus on data and could care less about video.

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Ain't life great!!!
 

y2k

Former Dish Network Sufferer
Joined
Jan 14, 1999
Messages
60,136
i don't know what cable is goin for 5k/sub, but it has to be a larger/lucrative mkt...around here, the smaller cable co's are in a death spiral, continually selling for less and less as the bleeding to dbs intensifies...
 

Book

Dish Network Retailer
Joined
May 19, 1999
Messages
2,654
Yes Laser, it was Bresnan.Do you know much more about this Charter companies track record? Rates for basic?
 
G

Guest

Guest
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[This message has been edited by arrogant (edited July 04, 1999).]

[This message has been edited by arrogant (edited July 06, 1999).]
 
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