AfterDawn: Tech news

Comcast puts 46 cable systems up for sale

Written by Rich Fiscus (Google+) @ 30 May 2008 3:19 User comments (3)

Comcast puts 46 cable systems up for sale Comcast, the largest cable television provider in the US, is looking to get a little bit smaller. The company is hoping to sell 46 cable systems in Maine, Kentucky, Louisiana, New Mexico, Virginia, Georgia, West Virginia and California. The reason for the move is reportedly because they're geographically distant from the majority of the cable giant's operations.
In Maine, where nearly a quarter of the systems slated to be sold are located, the most logical buyer would be Time Warner Cable, which already serves 85% of the state. So far Time Warner has had no comment on the matter. The 11 systems were purchased in 2006 when Comcast bought Maine-based Susquehanna Communications.

John Goran, chairman of the cable TV regulatory board in Freeport, Maine hopes that the new owners, whoever they may be, will expand the services being offered. "We don't have Internet phone, no video on demand or any of those advanced services," he said. "We have standard cable and high-definition and premium channels and that's it."

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3 user comments

130.5.2008 9:11

I'm not sure what could be worse for the South... Comcast owning the systems or Cox and Charter picking them up...

230.5.2008 12:49

Originally posted by H0bbes:
I'm not sure what could be worse for the South... Comcast owning the systems or Cox and Charter picking them up...

Here in chattnooga TN (welll its near me anyway) the power comany is getting into the phone/cable biz, comcast is in for a fight, we need stable competition across the board, regulated monopolies is no god for anyone.

330.5.2008 23:57

i am just tapping my foot until fios comes to my door.


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