Insight Communications
Encyclopedia
Insight Communications is the 13th largest multiple system operator (MSO) in the United States
with approximately 692,000 customers in the three contiguous states of Kentucky, Indiana and Ohio. Insight offers bundled, analog and digital video, broadband
Internet, and voice telephone services.
announced that they were unraveling Insight Midwest partnership, a group of cable systems that were managed by Insight under the Insight name, but with equal ownership shared between Comcast and Insight. In the split Comcast acquired as direct customers the Illinois subscribers and most of the Indiana subscribers. Insight gained complete ownership of cable systems in Kentucky, Evansville, Indiana and Columbus, Ohio. This transaction removed Insight from the Illinois market, as well as much of the Indiana market.
announced its purchase of Insight Communications for $3 billion; as a result, Time Warner Cable will acquire Insight's 700,000 subscribers nationwide. The sale will create cost efficiencies of approximately $100 million annually through savings on programming expenses and other cost reductions, with the bulk of the savings realized within two years of the close of sale. With Insight's 2011 conversion of its television services from analog to digital, Time Warner Cable expects Insight to have lower capital requirements of 10%-12% of revenues upon completion of the acquisition, which is subject to approval by the Federal Communications Commission
and Insight franchisees.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
with approximately 692,000 customers in the three contiguous states of Kentucky, Indiana and Ohio. Insight offers bundled, analog and digital video, broadband
Broadband
The term broadband refers to a telecommunications signal or device of greater bandwidth, in some sense, than another standard or usual signal or device . Different criteria for "broad" have been applied in different contexts and at different times...
Internet, and voice telephone services.
Breakup of Insight Midwest partnership
On Monday, April 2, 2007, Insight and ComcastComcast
Comcast Corporation is the largest cable operator, home Internet service provider, and fourth largest home telephone service provider in the United States, providing cable television, broadband Internet, and telephone service to both residential and commercial customers in 39 states and the...
announced that they were unraveling Insight Midwest partnership, a group of cable systems that were managed by Insight under the Insight name, but with equal ownership shared between Comcast and Insight. In the split Comcast acquired as direct customers the Illinois subscribers and most of the Indiana subscribers. Insight gained complete ownership of cable systems in Kentucky, Evansville, Indiana and Columbus, Ohio. This transaction removed Insight from the Illinois market, as well as much of the Indiana market.
Acquisition by Time Warner Cable
On August 13, 2011, Time Warner CableTime Warner Cable
Time Warner Cable is an American cable television company that operates in 28 states and has 31 operating divisions...
announced its purchase of Insight Communications for $3 billion; as a result, Time Warner Cable will acquire Insight's 700,000 subscribers nationwide. The sale will create cost efficiencies of approximately $100 million annually through savings on programming expenses and other cost reductions, with the bulk of the savings realized within two years of the close of sale. With Insight's 2011 conversion of its television services from analog to digital, Time Warner Cable expects Insight to have lower capital requirements of 10%-12% of revenues upon completion of the acquisition, which is subject to approval by the Federal Communications Commission
Federal Communications Commission
The Federal Communications Commission is an independent agency of the United States government, created, Congressional statute , and with the majority of its commissioners appointed by the current President. The FCC works towards six goals in the areas of broadband, competition, the spectrum, the...
and Insight franchisees.