Light Reading
Also: Charter routes with Cisco, Hulu may fetch $1.5B, cable's Docsis appetite to double in 2012, regulators extend Liberty-Kabel BW review

Time Warner Cable Splashes Out $3B for Insight

Jeff Baumgartner
LR Cable News Analysis
Jeff Baumgartner
8/15/2011
50%
50%

Believe it or not, Google (Nasdaq: GOOG)'s proposed acquisition of Motorola Mobility LLC isn't the only news making cable rounds today. Here's a roundup of what else is going on. (See Google Buying Moto Mobility for $12.5B and Google Bringing Order to Android.)

  • Time Warner Cable Inc. (NYSE: TWC) will pay US$3 billion in cash to buy Insight Communications Co. Inc. , a Tier 2 MSO that serves more than 679,000 video subs in Indiana, Kentucky and Ohio. Insight reportedly wanted as much as $4 billion for its systems, but several MSOs, including Cablevision Systems Corp. (NYSE: CVC), Mediacom Communications Corp. and WideOpenWest Holdings LLC (WOW) , balked at the price. TW Cable "was always the obvious buyer of this asset, at least for geographic contiguity reasons," Sanford C. Bernstein & Co. Inc. 's Craig Moffett said in a note issued Monday. (See No Action for Insight's Auction.)

  • Charter Communications Inc. is the latest U.S. cable MSO to deploy Cisco Systems Inc. (Nasdaq: CSCO)'s CRS-3 and ASR 9000 Series Aggregation Services Routers in support of its line of residential and commercial services, including mobile backhaul. Also joining the Cisco stable of routing customers are: Kabel Deutschland GmbH , Germany's largest cable operator; 3 Scandinavia of Denmark; and Consolidated Communications Inc.

  • Initial bids for Hulu LLC are due by the end of this week, and the Web video hub is expected to see them in the neighborhood of $1.5 billion for the site and its associated licenses, reports AllThingsD, which pegs Yahoo Inc. (Nasdaq: YHOO) as the most logical frontrunner. (See Hulu Offers Programming Perks With Sale.)

  • Cable operators are poised to double the number of 6MHz downstream channels they use for Docsis -- from four-to-six to eight-to-12 -- in 2012, Moto Mobility Director of Cable Modem Termination System Product Marketing Jeff Walker predicts on the company blog. He says such an increase would address cable's need to boost overall broadband capacity while supporting faster cable modem tiers enabled by Docsis 3.0 channel bonding.

  • Germany's cartel office has extended its regulatory evaluation of Liberty Global Inc. (Nasdaq: LBTY)'s proposed purchase of Kabel BW GmbH & Co. until Nov. 11, reports German newspaper Boersen-Zeitung. (See Liberty Global Scoops Up KBW for $4.5B.)

    — Jeff Baumgartner, Site Editor, Light Reading Cable



    (1)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    Jeff Baumgartner
    50%
    50%
    Jeff Baumgartner,
    User Rank: Light Beer
    12/5/2012 | 4:56:09 PM
    re: Time Warner Cable Splashes Out $3B for Insight


    SNL Kagan just put out some additional points on the TWC-Insight deal:


    - price equates to about $4,414/basic sub... but Insight was looking for a bit more when it was trying to attract bids up to $4B.


    - It makes a bit more geographic sense for TWC than the MSOs that actually put in bids. SNL Kagan points out that TWC is in Insight's largest sub cluster (Louisville, Ky., with more than 325K subs), and that TWC also has strong presence in or near Insight's larger systems in Lexington, Ky.; Cincinnati and Columbus, Ohio.


    JB

    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    Flash Poll
    From The Founder
    It's clear to me that the communications industry is divided into two types of people, and only one is living in the real world.
    Jonestown
    Mobile Backhaul: Going to the Dark Side?

    10|30|14   |   2:26   |   (0) comments


    Heavy Reading's Patrick Donegan shares his view on a dark trend that bubbled up at Light Reading's annual backhaul conference in NYC.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview With CEO of SwitchCom

    10|30|14   |   4:13   |   (0) comments


    SwitchCom, an IT company based in Angola, recommends a variety of Huawei solutions and hardware to their customers in the energy industry.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview With Ethiopia's Ministry of Water Irrigation & Energy

    10|30|14   |   4:08   |   (0) comments


    Gosaye Mengistie of Ethiopia's Ministry of Water Irrigation & Energy discusses the collaboration with Huawei in that country.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview with Dongfang Electronics Corporation

    10|30|14   |   5:46   |   (0) comments


    Dongfang Electronics Corporation, headquartered in Chengdu, China, is one of China's largest manufacturers of power generators and contractors of power station projects.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview with Zimbabwe's Customers

    10|30|14   |   3:31   |   (0) comments


    Representatives of Zimbabwe's Ministry of Power and Development discuss the energy needs of their country as well as new areas of improvement due to enhanced ICT capabilities.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview With Colbún Chile

    10|30|14   |   4:29   |   (0) comments


    In Chile, an aging energy infrastructure was in dire need of a modern update. Claudio Valenzuela of Colbún discusses how Huawei's ICT solutions continue to provide crucial information to improve the grid and how an in-country engineer is a cricial asset.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview With YuLiao

    10|30|14   |   6:27   |   (0) comments


    Yu Liao, chairman of the Chinese Association for Renewable Energy in Germany, discusses the role that ICT solutions play in helping to grow renewable energy resources in Germany.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview

    10|30|14   |   2:54   |   (0) comments


    Sifang has been working with Huawei on several projects. JingTao Wu, Assistant President of Beijing Sifang Automation Co. Ltd., believes that the cooperation with Huawei can facilitate Sifang's process of internationalization.
    LRTV Huawei Video Resource Center
    A Better Connected Smart Grid: Powering Laos

    10|30|14   |   5:38   |   (0) comments


    Representatives of Electricite Du Laos (EDL), a state-owned corporation, discuss the importance of ICT solutions in serving their country's energy needs.
    LRTV Huawei Video Resource Center
    2014 Huawei Electric Power Industry Summit: Interview With Junwei Lu

    10|30|14   |   4:50   |   (0) comments


    Professor Junwei Lu of Griffith University Australia describes his work with micro grid technology and the future of the power industry.
    LRTV Documentaries
    The Next-Gen Network Disconnect

    10|29|14   |   01:23   |   (2) comments


    There's a lot of talk about making networks more simple with SDN, NFV and next-gen broadband technology – but what about the complexity of introducing such capabilities?
    LRTV Custom TV
    Grow Your VPN Service Revenue

    10|27|14   |   4:00   |   (0) comments


    Watch how CSP product managers can better differentiate and maximize the value of their Internet, VPN and cloud services for business services customers, by adding premium application performance visibility to their data services.
    Upcoming Live Events
    November 6, 2014, Santa Clara
    November 11, 2014, Atlanta, GA
    December 2, 2014, New York City
    December 3, 2014, New York City
    December 9-10, 2014, Reykjavik, Iceland
    February 10, 2015, Atlanta, GA
    May 6, 2015, McCormick Convention Center, Chicago, IL
    May 30, 2015, The Westin Peachtree, Atlanta, GA
    June 9-10, 2015, Chicago, IL
    Infographics
    WhoIsHostingThis.com presents six of the world's most extreme WiFi hotspots, enabling the most epic selfies you can imagine.
    Hot Topics
    Microsoft's Skype Embraces WebRTC on IE
    Sarah Reedy, Senior Editor, 10/27/2014
    FTC Slaps AT&T With Throttling Lawsuit
    Sarah Reedy, Senior Editor, 10/28/2014
    Wheeler Gets Down With OTT
    Mari Silbey, Independent Technology Editor, 10/29/2014
    China's MVNOs Hit the Wall
    Robert Clark, 10/27/2014
    Let's Not Kill SDN & NFV With Silos
    Francois Locoh-Donou, Senior VP, Global Products Group, Ciena, 10/28/2014
    Like Us on Facebook
    Twitter Feed