& cplSiteName &

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        ADD A COMMENT
    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
    From The Founder
    Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
    Flash Poll
    Live Streaming Video
    Charting the CSP's Future
    Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
    LRTV Huawei Video Resource Center
    Huawei at CeBIT 2017: Day 3

    3|22|17   |     |   (0) comments


    Light Reading reports from CeBIT 2017 in Germany, where Huawei is exhibiting on the application of technologies and key business verticals such as transportation, smart city, manufacturing, media and finance.
    LRTV Documentaries
    No Regrets: Cox's Finkelstein on Fiber & More

    3|22|17   |     |   (0) comments


    At the Cable Next-Gen Technologies & Strategies event in Denver, Cox's Jeff Finkelstein examines the cable capex conundrum.
    LRTV Documentaries
    Cable Next-Gen: The 'Mile High' View From Denver

    3|22|17   |   11:56   |   (0) comments


    Alan Breznick kicks off the Cable Next-Gen Technologies & Strategies event in Denver, casting his thousand-yard stare over cable's current competitive landscape.
    LRTV Huawei Video Resource Center
    Huawei at CeBIT 2017: Day 2

    3|21|17   |   2:27   |   (0) comments


    Light Reading reports from CeBIT 2017 in Germany, where Huawei is exhibiting digital transformation solutions around IoT, smart data centers, OpenCloud ecosystem and its newly announced storage-as-a-service solution.
    LRTV Custom TV
    Driving Better Mobile Customer Experience While Transforming the Mobile Network

    3|21|17   |   7:47   |   (0) comments


    The Citrix NetScaler mobile gateway is an intelligent traffic management solution which can markedly improve the customer experience provided by mobile operators, even when traffic is encrypted. Critical network services can be consolidated and virtualized using NetScaler. Because of the unique architecture, NetScaler can be deployed on any hypervisor, on a ...
    LRTV Custom TV
    Mastercard: What's Next for Mobile Payments?

    3|21|17   |   7:49   |   (0) comments


    2017 marks the fifth consecutive year for Mastercard at Mobile World Congress and it was a great time to reflect on the amazing advances the payments industry has made as well as discuss "What's Next' in the digital commerce future. We spoke to James Anderson, executive vice president of digital payments at MasterCard, about digital wallets to tokenization to ...
    LRTV Custom TV
    Mastercard: 2 Billion Adults 'Trapped' in Cash Economy

    3|21|17   |   03:51   |   (0) comments


    Despite advances made in the last several years, two billion adults around the world are trapped in a cash economy and lack what we take for granted -- a safe way to receive, save and use money. Shamina Singh, executive vice president of sustainability and president of the Mastercard Center for Inclusive Growth, chats about how Mastercard is developing new ways to ...
    LRTV Custom TV
    Mastercard: Payment From Every Device

    3|21|17   |   5:55   |   (0) comments


    A world where everything and everyone is connected creates new points of interaction for commerce. These digital experiences cannot be developed in isolation and instead require an ecosystem to drive mass consumer and enterprise adoption and create better consumer engagement. Predicting when that growth will happen is difficult, but always keeping the end user in ...
    LRTV Interviews
    InterDigital's Role in the 5G, IoT Era

    3|21|17   |   05:47   |   (0) comments


    Alan Carlton, managing director and VP for Europe at InterDigital, talks about the company's role in 5G projects in Europe and the prospects for the company in the IoT market.
    LRTV Interviews
    Lessons Learned From Digital Transformation

    3|21|17   |   05:51   |   (0) comments


    Ravi Palepu, global head of Telco Solutions at Virtusa, talks about some key takeaways from telco digital transformation experiences during the past couple of years.
    Women in Comms Introduction Videos
    NetNumber's CMO Shares Her Diversity Do's

    3|21|17   |   3:19   |   (2) comments


    The telecom industry is transforming the world, and diversity plays a critical role in driving the innovation behind it. NetNumber CMO Kim Gibbons shares why diversity and being authentic is a do amidst all the don'ts women in comms often hear.
    LRTV Custom TV
    Software-Driven Architecture for 5G & IOT

    3|20|17   |   1:56   |   (0) comments


    We present Heavy Reading's Jim Hodges's report from Mobile World Congress -- where operators and vendors are working to bring a variety of technologies together to make virtualization a reality in the era of 5G and IoT.
    Upcoming Live Events
    May 15-17, 2017, Austin Convention Center, Austin, TX
    May 15, 2017, Austin Convention Center - Austin, TX
    June 6, 2017, The Joule Hotel, Dallas, TX
    All Upcoming Live Events
    Infographics
    With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
    Hot Topics
    High-Band 5G: Let's Address the Range Question, Shall We?
    Dan Jones, Mobile Editor, 3/21/2017
    Eurobites: Italy First Pasta the Post for 5G
    Paul Rainford, Assistant Editor, Europe, 3/17/2017
    Eurobites: A1, Nokia Turn It Up to 11
    Paul Rainford, Assistant Editor, Europe, 3/22/2017
    5G Faces a Marathon, Not a Sprint
    Iain Morris, News Editor, 3/17/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    TEOCO Founder and CEO Atul Jain talks to Light Reading Founder and CEO Steve Saunders about the challenges around cost control and service monetization in the mobile and IoT sectors.
    At MWC 2017, Qualcomm's CTO Matt Grob talks to Light Reading's CEO and Founder Steve Saunders about the progress being made in the development of the technologies and standards that will underpin 5G.
    Animals with Phones
    Neither Do We Click Here
    Is that a prerequisite?
    Live Digital Audio

    Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.