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I thought this deserved its own thread:

 

http://www.cedmagazine.com/News-Charter-sell-CoBridge-Benton-Arkans...

 

"Charter to sell Ark. system to CoBridge Communications
By Mike Robuck
CedMagazine.com - August 25, 2010

 

Charter Communications is selling off its cable system near Benton, Ark., to CoBridge Communications.

Charter, the nation's fourth-largest cable operator, has roughly 10,000 to 11,000 subscribers in the suburbs around Benton, mainly in Shannon Hills.

Financial terms of the sale weren't available.

CoBridge Communications has cable systems in Arkansas, Alabama, Texas, Missouri, Georgia, Louisiana and Ohio, but it plans on concentrating its cable operations over time for improved efficiencies, according to the company's website.

CoBridge CEO and founder Scott Widham was formerly co-CEO of Broadwing Communications, which was acquired by Level 3 in 2007 Click here! . Prior to joining Broadwing, Widham was the founder and CEO of Capital Cable, an MSO that owned cable systems across the U.S. and in Latin America before it was acquired by Charter."

 

http://www.cobridge.net/

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Looks like they already bought the charter system in Maumelle. City leaders there have some questions about this CoBridge Comm.

Link and excerpt below

RESOLUTION 2010-14 APPROVING THE ASSIGNMENT OF A CABLE FRANCHISE

With no objections, Mayor Watson called for the reading of the resolution approving consenting to and approving of the assignment of the cable franchise and system to Cobridge Broadband, LLC, by title only. The City Clerk gave the reading.

Mayor Watson stated that this was a request from Charter Cable.

Alderman Hogue asked if we were sure these were actually new owners. Mayor Watson stated that there seemed to be a lot of former Charter employees involved.

Alderman Ladner moved to defer consideration of the resolution until the first Council meeting in September. Alderman Adams seconded the motion.

Alderman Witonski stated that Cobridge’s website had little information or history. Mayor Watson stated he believed it might be a start-up company.

City Attorney Davis stated that this was a purchase through bankruptcy court. Mayor Watson stated that they would be required to have substantial financial backing to have the court approve the sale.

Alderman Brainerd asked how big of a piece Maumelle would be to Cobridge’s business. Mayor Watson stated that he would ask.

Alderman Stell asked if Cobridge was purchasing Charter support staff. Ms. Davis stated that employees were addressed by the contract but that there was no way to know what the staff would look like in the future. Mayor Watson stated that he had spoken with Jim Miller, from Charter, and that he was excited about the purchase and the future of the cable company.

Alderman Ladner’s motion to defer the resolution passed unanimously.
Well, If they are focusing on HD and HSI I hope they do like Comcast and build out the ENTIRE system - not leave out certain areas like East End.

David
This company can make some serious jack by expanding the high speed internet here.
I hope they become the higher tier player as offering standard hd packages with no need for a silly cable box
why not comcast? i hope im wrong but this will be the same as charter
any one ever heard of co bridge?
who did this?
this is not good

bill
Looks like two more weeks before anything really happens.

CoBridge to buy 36 systems from Charter


I REALLY like this part:

"CoBridge will convert the remaining one-way systems to two-way systems and increase bandwidth through the use of digital terminal adapters for analog-to-digital conversions.

"Our strategy is to use existing housings for amplifiers and just do drop-in modules to increase bandwidth, or look at other strategies like MPEG-4 delivery codecs," Widham said. "We don't want to go in and completely rebuild systems unless they're absolutely at the end of their lives and that's the last resort."
I guess anything is better than Charter. This sale actually made it to dslreports.com and hopefully they will get a entry into their forums.
I think I read that Maumelle signed the franchise agreement with the option of making another vote after 1 year.

It would be a good time for the city to advise what is needed and what improvements to expect from them.
Folks should email the company and advise that they want cable internet service.


Electric Bill said:
I guess anything is better than Charter. This sale actually made it to dslreports.com and hopefully they will get a entry into their forums.
I think I read that Maumelle signed the franchise agreement with the option of making another vote after 1 year.

It would be a good time for the city to advise what is needed and what improvements to expect from them.
Folks should email the company and advise that they want cable internet service.
that works i asked them to buy cable franchise in city in another state ceo says he will but saying and doing are 2 diffrent things
http://www.cedmagazine.com/News-Charter-sale-cable-systems-CoBridge...

Charter completes sale of cable systems to CoBridge
By Mike Robuck
CedMagazine.com - October 22, 2010
Charter Communications, the nation's fourth-largest cable operator, has completed the sale of cable systems serving approximately 65,000 subscribers in seven states to CoBridge Communications.

The 36 headends acquired by CoBridge are located in Alabama, Arkansas, Georgia, Louisiana, Missouri, Ohio and Texas. As a result of this sale, Charter no longer operates in Arkansas and Ohio. Charter now serves 25 states. RBC Daniels acted as financial advisor to Charter in the transaction. Financial terms for the sale weren't available. CoBridge is owned by The Gores Group, which is a Los Angeles-based private equity firm.

"The sale of these systems furthers our continued strategy to strengthen our clusters and enhance operating efficiencies by divesting geographically non-strategic assets," said Charter President and CEO Mike Lovett. "Our primary focus is to provide value to our customers and enhance their experience with Charter, and more tightly clustered systems allow us to more effectively achieve this."

CoBridge's stated goal "is to purchase under-managed and under-marketed cable television communities that can be improved over time." With the 36 Charter systems, CoBridge CEO Scott Widham said CoBridge would upgrade the triple-play service offerings to customers, as well as add business-class VoIP and Ethernet-based services.

"We are thrilled about working with The Gores Group to bring these cable systems the latest technology and best possible service," Widham said. "Gores is known for investing in the businesses it acquires, and we look forward to putting their capital and our combined operations expertise to work as we endeavor to create a platform to acquire additional cable systems."

Widham recently said that his company would convert the remaining one-way systems to two-way systems and increase bandwidth through the use of digital terminal adapters for analog-to-digital conversions.

"Our strategy is to use existing housings for amplifiers and just do drop-in modules to increase bandwidth, or look at other strategies like MPEG-4 delivery codecs," Widham said. "We don't want to go in and completely rebuild systems unless they're absolutely at the end of their lives and that's the last resort."

Widham said that CoBridge might buy additional cable systems.

We are very excited about this transaction," said Steve Yager, senior managing director of The Gores Group. "We have been actively investing in the telecommunications and media space, and this transaction gives us another entry into this industry."
I sent cobridge an email a few weeks ago to greet and advise of expanding the internet service in Benton. Response was they will inspect and upgrade the system here.
People should send a nice email to the company expressing interest on expanding the internet service.

So how is CoBridge Communications treating everyone so far?  I will keep my Dish Network until they actually upgrade the system out here in East End - if ever.

 

David

I picked up the internet a week ago. 

They have no data caps, the webmail is nice they use atmail email platform.   Speeds are faster than dsl.

 


David Settlemoir said:

So how is CoBridge Communications treating everyone so far?  I will keep my Dish Network until they actually upgrade the system out here in East End - if ever.

 

David

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