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story category Charter Strikes a Deal
235,000 customers have a new home
(old news - 01:05PM Thursday Sep 04 2003)
tags: business · cable
Charter communications has announced they'll be selling several of their east coast cable systems to Atlantic Broadband in a deal estimated to be worth $765 million. The deal marks Charter's largest sale to date, and roughly 235,000 customers in Florida Pennsylvania, Maryland, Delaware, New York and West Virginia will be part of the transition. According to Chief Executive Carl Vogel, the deal was struck in order "to repay bank debt and fund future capital expenditures." Charter is currently tussling with $19 billion in debt. Discussion on the changes can be found in our Charter forum.

As an aside, several Charter users have written us today stating that a software patch performed last night by Charter has reset their modems. Any Charter customers who experienced outages last night should head to this thread (which lists the internal modem diagnostic IP address) to ensure their modem is operating properly.

Related:
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  2. Viacom Threatens To Pull Content Offline
  3. Viacom, Time Warner Cable Kiss, Make Up
  4. Comcast Mum On New Bandwidth Tracker
  5. After 10 Years Of Service, Charter Declares Home 'Unserviceable'
  6. New Comcast Throttling System 100% Online
  7. DOCSIS 3.0 Gets Faster
  8. Charter Sues Verizon
Forums » Charter Strikes a Deal
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Post a:

mrchris
America the pitiful
Premium
join:2002-10-01
North Babylon, NY

Speed

How about giving the customers better connections as well as higher speeds, Charter? Maybe you'll get more $$$ that was instead of piss-poor service with bandwidth caps(clarify if I'm wrong or not)

ediblet1
Premium
join:2001-01-01
Nitro, WV
clubs:

Re: Speed

Higher speeds - $59.95 for 1.5/128 is absurd.
--
Onward through the fog.

mrchris
America the pitiful
Premium
join:2002-10-01
North Babylon, NY

Re: Speed

Lower the price (to $49), increase the upload to 256 or 384 and download to 2mb should do.

Jaime
Premium
join:2001-06-03
Norwalk, CA
·Verizon FIOS
·Charter Pipeline

Now now, mrchris, that would make too much sense. Offering better service would surely keep customers away from an ISP; customers don't want high speeds or low bills, they want the minimal amount of speed for as much as Charter can suck from them, got to love the Charter way..
--
"The human mind treats a new idea the way the body treats a strange protein; it rejects it." - P.B Medawar
Join the BBR BF clan
silicon dog

join:2003-01-01
O Fallon, MO
i agree..cable upload blows..more speed till my modem needs two cooling fans please..

SuperJudge
Magus
Premium
join:2002-11-14
Albany, GA
clubs:
Charter just needs to burn out. They aren't doing chit.
joebear29

join:2003-07-20
Alabaster, AL


edited

Charter slower than DSL

I love the way in the DSL vs. Cable debate one cable advantage is usually speed.

In my area of Charter Country, Charter Pipeline is 1.5/128 for $59.95 ($49.95 bundled) and BellSouth DSL is 1.5/256 for $49.95 (44.95 bundled).

That is a tough decision. Especially when I already have Dish Network.
[text was edited by author 2003-09-04 14:22:54]

superht1

join:2001-02-22
Kennesaw, GA

Re: Charter slower than DSL

ripoff!
American is a sucker for corporation like this.

Anonymous Poster

@charter.com

Re: Charter slower than DSL

Ugh Charter doesn't get the idea that 2 weeks to get service to your house to replace a zapped modem is "slow". What they "do" seem to understand is that if a customer threatens to cut off service, they will magically find someone to service your computer in 1 hour.

johndoe25
Premium
join:2001-01-03
Kimberly, WV


edited

speed & service

Maybe we will see some improvement to speeds & service crosses fingers & toes Since it is Altanic Broadband & possibly a competitor to RoadRuner, let's hope with the sale, the speeds will be more inline with some of the others.
--
I don't suffer from insanity, I enjoy every minute of it.

[text was edited by author 2003-09-04 14:36:40]

Bada Bing
WVU Mountaineers
Premium
join:2001-05-29
Fort Gay, WV
clubs:
·Suddenlink


edited

Re: speed & service

said by johndoe25 See Profile:
Maybe we will see some improvement to speeds & service crosses fingers & toes Since it is Altanic Broadband & possibly a competitor to RoadRuner, let's hope with the sale, the speeds will be more inline with some of the others.
--
I don't suffer from insanity, I enjoy every minute of it.

[text was edited by author 2003-09-04 14:36:40]

Is this going to affect all of WV? With my luck my broadband will get worse. So far with Charter it's been up 95% of the time and 95% of my speed cap. I hope if it's does change I can get faster speeds than 1.5/128 maybe 3/512 and I'll be happy
--
10976

djrobx

join:2000-05-31
Valencia, CA

Ok, so who is Atlantic Broadband?

You know it's bad when a google search for "Atlantic Broadband LLC" comes up with zero hits.

-- Rob

ITGuy72
Permanently Disco
Premium
join:2001-11-01
New York

Re: Ok, so who is Atlantic Broadband?

Interesting. I think what a lot of people don't realize is that when these system sales take place it is often to holdings companies, and the actual migration/transitions can take months if not years to complete. That said, I doubt any major changes will be coming in these markets in the near future. I may be wrong, but I've seen one or two of these transactions before.
Mr Natural

join:2003-03-30
Hallandale, FL

I agree i did a search also found nothing. I'm one of the guys that got sold. Miami Beach. As was said it will be quite awhile till a change is seen. I'm more worried about the interactive digital t.v. part than the broadband. Here in Fla it's a nice package that works well. Also my gold broadband was costing $25.
Mr. Natural

redstepchild
Premium
join:2002-01-04
Birmingham, AL


edited
Look here:
»www.cableyellowpages.com/whitepa···tors.htm

Nothing..

here is contact info for Atlantic Broadband
and a better story with details on exactly who Atlantic broadband is.
»biz.yahoo.com/bw/030903/35896_1.html
--
I'm a Cable girl.. In a Cable World.....
RedStepChild@dslr.net

[text was edited by author 2003-09-05 06:01:47]

redstepchild
Premium
join:2002-01-04
Birmingham, AL

edited
ignore
[text was edited by author 2003-09-05 06:05:40]
AAFS

join:2003-09-06
Centre Hall, PA

Rob -- The way I understand it is that Atlantic Broadband is actually a holding company / subsidiary of......COMCAST! That's right. Being a little inside the loop in PA, it looks like the move for AB and Comcast is to buy the Altoona/Johnstown Systems and then perhaps take care of Adelphia in this area so most of PA would be......COMCAST. Solid info for the subsidiary thing being Comcast, pure speculation on the Adelphia thought.

callingallcars

@attbi.com

Re: Ok, so who is Atlantic Broadband?

The comment that Atlantic Broadband is part of or a subsidiary of Comcast is absolutely false. Atlantic Broadband is headed by two long time cable executives who were employed by Continental Cablevision, which was acquired by USWEST (MediaOne), which was aquired by AT&T Broadband, which was acquired by Comcast. These executives have not been involved with this series of companies for years. The major funding for Atlantic Broadband comes from a Boston based venture capital firm called ABRY Partners. There is no connection to Comcast whatsoever. Could Atlantic Broadband be sold to Comcast in the future? Sure, so could anything...

HavokREC

@aol.com
well i would like to know because i live in Middletown, Delaware and right now we have no Broadband internet from Charter. I would like to know if Atlantic Broadband would give us the upgrade.

aaron2486
Premium
join:2001-12-01
Altoona, PA
clubs:

What part of Pennsylvania?

Does anyone know what part of Pennsylvania is part of the deal?
wildmage27

join:2002-05-06
Johnstown, PA

Re: What part of Pennsylvania?

From what I understand Aaron, yes that includes us.
AAFS

join:2003-09-06
Centre Hall, PA
Yes, that includes all Charter areas currently serviced in the Altoona & Johnstown areas

dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ

Sad

Its sad when your entry level package is SLOWER than Qwest DSL and more expensive than Qwest DSL.
Shame on you Charter. at least this gives these people in these areas some hope of getting decent service at a fair price.
--
You can never be too rich, too thin or have too much Bandwidth
psianime

join:2000-12-12
San Gabriel, CA

Moving to SBC?

Rumor has it that SBC will be INCREASING their speeds (upstream and downstream) and coming out with new pricing plans. I am giving this serious consideration again since Charter's contract with Earthlink ran out, which means no more Earthlink dial-up and newsgroup access.

Charter, please increase your speeds or lower your prices before you lose another customer to DSL

redstepchild
Premium
join:2002-01-04
Birmingham, AL

This is not the last sell off

There have been many bets placed in the industry to see who will get the most of Charter..
Cox and Comcast both are drooling at the thought of buying out Charter.
It is just a matter of time to decide who get's what.

Ever wonder why so many of the Charter Execs, VP's and Directors have flown to Cox and Comcast.

I think the story of Charter will be done w/in 5 years.

Charter is like a injured animal getting picked apart by the hyenna's. They can smell the death in the air. The scent of blood is pungent.
Night is coming and the moon is arising. Come morning, we shall see which Hyenna has the larger belly.
The enemy is at the gates, waiting for darkness.
--
I'm a Cable girl.. In a Cable World.....RedStepChild@dslr.net
HampsterBall

join:2003-09-05
Worcester, MA

Charter blows

I pray Comcast buys out Charter here. Charter doesn't seem to know the meaning of broadband.

paulhaskew
Unoffical Dominos Spokesman

join:2002-01-10
Vancouver, WA
clubs:

hmm, wierd...

interesting that most of you are not charter subscribers

no flames please... just something i noticed...
rid0617

join:2003-07-20
Greer, SC
·AT&T Southeast
·AT&T DSL Service

Re: hmm, wierd...

probably because we are winners of the been there done that got the t-shirt club. here charter is 59.95 for 1.5, you are required to rent their modem (9.95 a month), you are required to subscribe to basic cable (14.95 whether you want it or not) and pay a 3.50 franchise fee to the city. Moral of the story, $88.35 plus tax for the same product bell south sells for 49.95.

HavokREC

@aol.com
Im a Charter Subscriber and i have no Cable intnernet. Middletown, Delaware. What were you thinking?

paulhaskew
Unoffical Dominos Spokesman

join:2002-01-10
Vancouver, WA
clubs:
i meant charter pipeline, i'm bad
Forums » Charter Strikes a Deal


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