Wednesday, July 9, 2008

Time Warner Cable to Sell Certain Non-Core Cable Systems

Time Warner Cable announced a deal to sell a group of small cable systems to Windjammer Communications, a venture between MAST Capital Management, LLC and Communications Construction Services (CCS).

The systems serve approximately 80,000 basic video subscribers and 120,000 revenue generating units spread across more than 125 head-ends in 25 states and located in areas outside of the company's core geographic clusters.

  • Time Warner Cable ranks as the second-largest cable operator in the U.S., serving approximately 14.7 million customers who subscribed to one or more of its video, high-speed data and voice services, representing approximately 33.0 million revenue generating units.


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