| Investors, Management to buy Suddenlink If true, this could get very interesting...
Investors, Management to buy Suddenlink
Update: Bloomberg version of the story. |
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 gatorkramNeed for SpeedPremium
join:2002-07-22
Winterville, NC
kudos:2 | Is it good news, bad news, or no news at all... |
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| reply to anklosaur
Hard to say. The new owners, according to the story, intend to invest about $2 billion back into the company which is probably good. We'll see. |
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jdmm72
join:2002-02-12
Nitro, WV Reviews:
 ·Suddenlink
| said by anklosaur:Hard to say. The new owners, according to the story, intend to invest about $2 billion back into the company which is probably good. We'll see.
And probably immediately draw $2.5B back out in equity immediately. |
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| said by jdmm72:And probably immediately draw $2.5B back out in equity immediately. This is the most likely scenario. I can't imagine that this will benefit anyone other than the investors. |
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 CabalPremium
join:2007-01-21
Austin, TX
·Suddenlink
| reply to anklosaur
Fine by me, especially when are many less desirable alternatives:
»Cogeco Enters U.S. Market With Atlantic Broadband Buy
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If you can't open it, you don't own it. |
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| bahahaha I know that sucks badly... Canada's broadband providers are horrible
so what does this mean.. anyone willing to clarify? I know it means its bought out by someone else but not another cable co? |
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jdmm72
join:2002-02-12
Nitro, WV | reply to anklosaur
BC Partners is London based and it looks with the other investor is Canadian based. So, we do end up with a English/Canadian ISP to compete with the mediocrity of Cogeco.
Oh, joy, I can't wait till it get's better. |
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| said by jdmm72:BC Partners is London based and it looks with the other investor is Canadian based. So, we do end up with a English/Canadian ISP to compete with the mediocrity of Cogeco.
Oh, joy, I can't wait till it get's better.
with the same ceo on it...hmm, not sure about all that.. And knowing that they want a quick return and a bunch this isnt gonna be good.. sure the upgrades are gonna be long standing..(docsis 3.0 in the areas that need it, and upgrades to the 3.0 areas thats needed) but still i think we are all in for one heck of a ride after the upgrades are threw |
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CabalPremium
join:2007-01-21
Austin, TX Reviews:
·Suddenlink
| reply to jdmm72
said by jdmm72:BC Partners is London based and it looks with the other investor is Canadian based. So, we do end up with a English/Canadian ISP to compete with the mediocrity of Cogeco.
Oh, joy, I can't wait till it get's better.
With logic like that...
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If you can't open it, you don't own it. |
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| said by Cabal:said by jdmm72:BC Partners is London based and it looks with the other investor is Canadian based. So, we do end up with a English/Canadian ISP to compete with the mediocrity of Cogeco.
Oh, joy, I can't wait till it get's better.
With logic like that... lol where alll screwed  eh what else is new??? |
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