GNG News Guy
01-02-2008, 04:14 PM
http://i.dslr.net/urls/7/66007.gif (http://www.dslreports.com/shownews/Comcast-Takes-Control-Of-Some-Insight-Territories-90637)
As expected after last April's announcement (http://thegng.org/shownews/82718), Comcast today took control of networks belonging to Insight Communications in the Midwest. Comcast now owns the networks serving Illinois customers in Rockford/Dixon, Quincy/Macomb, Springfield, Peoria and Champaign/Urbana, and Indiana customers in Bloomington, Anderson, and Lafayette/Kokomo. These networks pass about 1.2 million homes, with 696,000 basic video subscribers served.
Insight's remaining networks are largely in Kentucky (Louisville, Lexington, Bowling Green and Covington), though they also still serve customers in Evansville, Indiana and Columbus, Ohio. Insight's remaining network passes approximately 1.3 million homes and includes 665,800 basic video customers.
Insight customers switching over to Comcast today won't notice much of a change at first. The companies' billing systems are expected to be changed over in February, and e-mail address changes won't happen for several months. Insight owners The Carlyle Group had considered selling the remaining half of the network, but their asking price had been too high for possible suitors like Time Warner Cable.
Meanwhile, Comcast may not be making any more deals for a while. Last month the FCC voted to can cable operators (http://thegng.org/shownews/90322) from owning 30% or more of the pay TV market (Comcast currently sits at around 27%).
read comment(s) (http://www.dslreports.com/shownews/Comcast-Takes-Control-Of-Some-Insight-Territories-90637)
As expected after last April's announcement (http://thegng.org/shownews/82718), Comcast today took control of networks belonging to Insight Communications in the Midwest. Comcast now owns the networks serving Illinois customers in Rockford/Dixon, Quincy/Macomb, Springfield, Peoria and Champaign/Urbana, and Indiana customers in Bloomington, Anderson, and Lafayette/Kokomo. These networks pass about 1.2 million homes, with 696,000 basic video subscribers served.
Insight's remaining networks are largely in Kentucky (Louisville, Lexington, Bowling Green and Covington), though they also still serve customers in Evansville, Indiana and Columbus, Ohio. Insight's remaining network passes approximately 1.3 million homes and includes 665,800 basic video customers.
Insight customers switching over to Comcast today won't notice much of a change at first. The companies' billing systems are expected to be changed over in February, and e-mail address changes won't happen for several months. Insight owners The Carlyle Group had considered selling the remaining half of the network, but their asking price had been too high for possible suitors like Time Warner Cable.
Meanwhile, Comcast may not be making any more deals for a while. Last month the FCC voted to can cable operators (http://thegng.org/shownews/90322) from owning 30% or more of the pay TV market (Comcast currently sits at around 27%).
read comment(s) (http://www.dslreports.com/shownews/Comcast-Takes-Control-Of-Some-Insight-Territories-90637)