3:55 PM Sometimes controversial VC firm The Carlyle Group appears more focused on cable than mobile at the moment

Dan Jones, Mobile Editor

May 23, 2012

1 Min Read
Carlyle's Cable Muscle

3:55 PM -- BOSTON -- The Cable Show -- The Carlyle Group LLC appears to be more switched on to cable investment opportunities than it is in the mobile space right now.

Case in point, the controversial investment group led a $100 million round in Avail-TVN this week. (See Avail-TVN Will Buy Again, CEO Says.) "Those guys are getting really aggressive," my colleague Jeff Baumgartner, Site Editor of Light Reading Cable, noted as we walked the hall at the Southside Boston convention center Wednesday morning.

Carlyle has also bought into set-top maker Sagemcom SAS and CommScope Inc. relatively recently. It also sold Insight Communications Co. Inc. to Time Warner Inc. (NYSE: TWX). (See Time Warner Cable Splashes Out $3B for Insight , Carlyle Completes CommScope Buy and Carlyle Completes Sagemcom Deal.)

Even with the massive number of industries that this group is involved with, it shouldn't be too much of a surprise that cable is a favorite: The group has been trading in the cable business since it bought and sold Dutch cable operator Casema NV last decade.

What is surprising is that mobile doesn't seem to be more of a direct focus for the group. Carlyle grabbed messaging firm Syniverse Technologies LLC for $2.6 billion in October 2010 but hasn't made many major mobile moves since.

Of course, the convergence of its cable interests with mobile technology from infrastructure providers like CommScope is one way Carlyle gets in the wireless game. There's certainly opportunity for Avail-TVN to add mobile capabilities to its portfolio over time too.

— Dan Jones, Site Editor, Light Reading Mobile

About the Author(s)

Dan Jones

Mobile Editor

Dan is to hats what Will.I.Am is to ridiculous eyewear. Fedora, trilby, tam-o-shanter -- all have graced the Jones pate during his career as the go-to purveyor of mobile essentials.

But hey, Dan is so much more than 4G maps and state-of-the-art headgear. Before joining the Light Reading team in 2002 he was an award-winning cult hit on Broadway (with four 'Toni' awards, two 'Emma' gongs and a 'Brian' to his name) with his one-man show, "Dan Sings the Show Tunes."

His perfectly crafted blogs, falling under the "Jonestown" banner, have been compared to the works of Chekhov. But only by Dan.

He lives in Brooklyn with cats.

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